Inflation looks temporary, but growth risks persist
However, economists say the underlying data 'wasn’t as impressive as it looked'
That compares with $50.9B deficit in the same period of 2023-2024
CEO reports progress one year after posting a $117.5M quarterly net loss
Monthly payrolls shrink, total labour demand contracts
Canadian commercial banking and wealth management segment posted a net income of $549M
Revenue rose to $15.7 billion as profit and loan loss provisions increased
Declining real estate values in China helped drive overall drop in real prices
The bank's provision for credit losses amounted to $1.05 billion
Gen Z consumer debt grew by nearly a third in Q1 compared to a year earlier