Banks likely to build loan-loss provisions as economic uncertainty grows
Rating agency affirms Big Six ratings, upgrades Scotia's outlook
Alberta seen leading growth, while Atlantic provinces will suffer most from high inflation
Recession isn't inevitable, but the margin to avoid one is slim
Strong growth, increased correlation and interconnection drives rising risk
Revenues were generally strong but earnings differed based on loan-loss reserves, Fitch said
Assets under management in Canadian retail were $411 billion as of April 30, up from $397 billion at the end of Q2 2021
Rising rates will raise debt costs, curb spending, slow housing markets — but strengths persist
Plaintiff brought case on behalf of TD Bank clients who were charged multiple NSF fees in connection with a single transaction
Across big banks and independent firms, many shifts are occurring