National Bank of Canada reports Q2 profit of $896M
Results boosted by 'very good trading conditions' following Trump's Liberation Day
- By: Ian Bickis, The Canadian Press, with files from IE Staff
- May 28, 2025 May 28, 2025
- 09:45
Results boosted by 'very good trading conditions' following Trump's Liberation Day
Trump's big, beautiful tax bill is causing global investors even more worry about U.S. markets
Higher operating costs seen as the main obstacle to growth
Debt tops $2.55 trillion, with young adults facing the sharpest rise in delinquencies
Tariff-related anxiety eased, with fewer Americans expecting a recession in the next year
Foreign investors have ramped up their holdings of federal debt, NBF reports
Officials say bloc remains committed to securing a deal by July 9
Negative economic shock from U.S. increases urgency of long-standing challenges
"More needs to be done to raise productivity and tackle climate-related risks,” says OECD chief economist Álvaro Pereira
Von der Leyen says Europe is ready to advance talks “swiftly and decisively”
Business leaders urge action ahead of throne speech
U.S. imports soared in anticipation of higher tariffs, group noted
Decision highlights efforts to meet government cost-saving targets
Housing Minister Gregor Robertson has suggested more supply leading to a 'stable' market can solve the crisis
New car sales drove monthly gain, Statistics Canada figures show
'Surprisingly good' results driven by a March surge in exports and industrial production ahead of U.S. tariffs
Banks reported solid results, but signal caution ahead
U.S. trade war torpedos economic growth
Seven priorities outline focus on affordability, economic growth and trade
Adjusted earnings slip as bank boosts credit loss provisions and reports lower U.S. retail profits
The unemployment rate held at a healthy 4.2% in April
Investment board eyes new prospects for large-scale domestic infrastructure and long-term growth