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GTA, Ontario, Canada
A New Sales Record Has Been Achieved By The Jackie Goodlet Team Who Work Out Of The Whitby Office And Specializes In High End Resale And New Home Sales. According To Broker Dave Pearce The Jackie Goodlet Team Wrote More Transactions Than Anyone Else In The 30 Year History Of Our Firm. Their 255 Transactions Had A Total Volume Of More Than $185,000,000 (185 Million). With Over 25 Years Experience In The Business The Jackie Goodlet Team Has Acquired A Wealth Of Knowledge In All Areas Of Real Estate Including Resale, New Builds, Cottages, Lease, Condos, Vacant Land, Investment And Commercial Properties. With Exceptional Negotiating Skills We Are Confident We Can Save You Time And Money On All Your Real Estate Endeavours. We Look Forward To Hearing From You And Your Referrals Are Always Welcome And Rewarded!

Monday, December 7, 2015

Canadian mortgage lender could face trial

One of Canada’s largest banks and mortgage lenders could face a Supreme Court trial following a ruling Friday that will allow a lawsuit to proceed as a class action. CIBC will have to answer allegations from shareholders that they were misled over the bank’s exposure to the US subprime mortgage market. The lawsuit could potentially mean damages as high as $4 billion but that would require extensive evidence from individuals that they relied on the bank’s information. “We continue to believe that CIBC’s conduct was appropriate and that our disclosure met applicable requirements,” CIBC spokesman Kevin Dove told The Globe and Mail, “If this matter proceeds to trial, we intend to vigorously defend it on the merits.”

MBN

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