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Canadian Banks Bracing For a Weaker Economy
Manage episode 387024442 series 3295297
Canadian banks reported earnings this week. Nearly all of them significantly increased their provision for loan losses. The economy contracted in Q3. Markets are betting on the BoC to cut rates next year. US still holding up.
Check out industry-leading BMO ETFs here: https://www.bmogam.com/ca-en/products/exchange-traded-funds/etf-centre/?ecid=dw-LHPODNovGAM1-ADBMO26
Check out Addy! The largest institutional-grade commercial real estate investing platform in Canada! https://addyinvest.ca/
Use our promo code "LOONIEHOUR"
Try Out Canva for Teams! Get an extended 45-day trial here:
https://canva.me/looniehour
See omnystudio.com/listener for privacy information.
145 episodes
Manage episode 387024442 series 3295297
Canadian banks reported earnings this week. Nearly all of them significantly increased their provision for loan losses. The economy contracted in Q3. Markets are betting on the BoC to cut rates next year. US still holding up.
Check out industry-leading BMO ETFs here: https://www.bmogam.com/ca-en/products/exchange-traded-funds/etf-centre/?ecid=dw-LHPODNovGAM1-ADBMO26
Check out Addy! The largest institutional-grade commercial real estate investing platform in Canada! https://addyinvest.ca/
Use our promo code "LOONIEHOUR"
Try Out Canva for Teams! Get an extended 45-day trial here:
https://canva.me/looniehour
See omnystudio.com/listener for privacy information.
145 episodes
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