Commodities price shock clouds the economic outlook
Banks' capital demands to decline by 3% on average with final rules, Fitch says
Strength in Canadian, U.S. retail banking underpinned revenue growth
The rise will increase the cost of loans such as variable-rate mortgages that are linked to the benchmark
Workers' bargaining power is higher than it's been in decades
Interest income could drive profits as capital markets and credit-loss provisions sag
Scenario analysis finds that delaying policy action raises the economic and financial sector impacts
However, omicron effects weigh on the outlook
Capital markets, economic recovery seen powering banks' growth in 2022
The transaction marks TD's first green bond issuance under its sustainable bonds framework