Quantitative easing and collateral flexibility helped avert payments system stress last year
The industry's contributions at home and globally were detailed by the Conference Board of Canada
Ratings trends in the first quarter point to easing risks
International stats show banks were a source of strength during the pandemic
Net income rose by 23.2% on average among the companies in the Profit Survey
Both banks released billions from their loan-loss reserves
Improving data will enable banks and regulators to better capture climate risks in financial terms
Chief executive Brian Porter is also calling for an end to the interprovincial trade barrier
Proposed new minimum qualifying rate for uninsured mortgages will help shore up underwriting standards
The transaction is expected to close by the end of this year