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Mortgage Broker News | 27 Jul 2015, 08:50 AM Agree 0
One bank that prides itself in being 100 per cent Canadian owned has recently acquired an Alberta financial institution to increase its reach in the Edmonton area.
  • Victor Simone | 27 Jul 2015, 12:24 PM Agree 0
    CFF is very interesting.

    Is their distribution channel working for brokers ?
  • Concerned agent | 28 Jul 2015, 01:27 AM Agree 0
    If you go to the OSFI website you can read CFF's recent financials. They have lost 6 million dollars in the first quarter of this year and 17 million dollars in 2014. Ya gotta think time is running out.
  • Ron Butler | 28 Jul 2015, 01:10 PM Agree 0
    Well, Amazon has lost money for the 19 of the last 20 years so I don't feel that losing money is an absolute indication of a new company's future. There are a lot of very smart people running CFF. That being said ramping up a brand new bank is a real challenge.
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