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Canadian Banks Bracing For a Weaker Economy

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Manage episode 387024442 series 3295297
Content provided by Mohit Chawla and Steve Saretsky. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Mohit Chawla and Steve Saretsky or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

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.

  continue reading

145 episodes

Artwork
iconShare
 
Manage episode 387024442 series 3295297
Content provided by Mohit Chawla and Steve Saretsky. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Mohit Chawla and Steve Saretsky or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

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.

  continue reading

145 episodes

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