Archive: [ https://archive.ph/313FV ]
The lenders have benefited from “a positive halo effect” from a “resource-rich economy, pro-business Carney government,” Bank of America analyst Ebrahim H. Poonawala said in a note. Those factors encouraged investors to look past Canada’s challenged job and housing markets, as well as uncertainty over the coming renegotiation of the United States-Mexico-Canada Agreement, he added.
Thank goodness. I wouldn’t be able to sleep at night if I knew those poor bankers went hungry. I hope the current economic turmoil didn’t startle them too much.
Yeah those bankers must be so glad they can put food on the table! 🤪
When have the big banks not reported healthy profits? They (with their political flunkeys) have created a system which has been designed to allow them to extract large amounts of money from the Canadian public with little or no risk.
In kapitalist kanada, banks rob you!
In 2007 and 2008
Contact your Credit Union
Boy there’s a surprise, the businesses that hold your money without paying you any interest while also investing that money, and lending that money (with interest), are doing just fine.
