Earnings to remain under pressure as the sector faces slow growth and elevated costs
The agency will also be releasing a consolidated T4 slip for FHSA account holders
The 40% tax would apply to profits from the difference between loan interest and interest paid to customers on deposits
Funding, capital strains and real estate risks underpinned the rating actions
Margins, profits to be squeezed as consumer protections boosted
Much of the portfolio is focused on the technology and life science sectors
Banks' net interest income to suffer under financial and economic pressure, Fitch says
Impacts of tighter financial conditions, banking stress evident in Q1
Individual bank scores will be used by banking regulators in determining how much capital they need to hold in reserve
Securities industry association expresses concerns with planned changes