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
Results boosted by 'very good trading conditions' following Trump's Liberation Day
Higher operating costs seen as the main obstacle to growth
Debt tops $2.55 trillion, with young adults facing the sharpest rise in delinquencies