Tag Archives: CIBC

CIBC Innovation Banking provides Lightspeed POS Inc. with US$55 million debt facility

02 Apr
Lightspeed POS

TORONTO and MONTREAL, April 2, 2019 /PRNewswire/ – CIBC Innovation Banking is pleased to announce the closing of a US$55 million debt facility with Lightspeed POS Inc. (TSX: LSPD) (“Lightspeed” or the “Company”). The standby facility is available to support strategic acquisitions and fuel the Company’s multi-faceted growth strategy. Lightspeed’s comprehensive easy-to-use and scalable solution, including front-end consumer experience, back-end operations management […]

How Solid are Canada’s Big Banks?

25 Mar
Canada’s Big Banks - BMO Reflection

The World Economic Forum consistently ranks Canada’s banks among the world’s safest[1]. Competent regulators have overseen stress tests, tightened lending standards and delinquency rates are low. Demographics are good and the country’s diversified economy is backed by a treasure of oil, wood, gold and other natural resources. So the experts say. Institutional investors, relying on […]