Tag #Canadian Banks

Showing 13 to 18 of 18 results

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Canadian Bank Stocks Face Steep Downturn Risk Amidst US Tariff Uncertainty

Analysts predict a 16-18% decline in Canadian bank stocks if US tariffs impact the Canadian economy, with CIBC and Scotiabank showing higher vulnerability due to loan exposure; however, a no-tariff scenario could yield a 7% rally.

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52% Bias Score

Decent Work and Economic Growth
theglobeandmail.com
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National Bank's Q1 Profit Soars Despite Rising Loan Loss Provisions

National Bank of Canada reported an 8 percent increase in first-quarter profit to $997 million, exceeding analyst expectations due to strong capital markets and wealth management performance, despite a rise in loan loss provisions to $254 million; the acquisition of Canadian Western Bank expands the...

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36% Bias Score

Decent Work and Economic Growth
theglobeandmail.com
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TD Bank Stock Rebounds 16% Amidst Regulatory Challenges and Leadership Change

Toronto-Dominion Bank's share price rebounded 16 percent in two months, exceeding other Canadian banks' performance. This follows a US\$3 billion fine and US growth restrictions in 2024, but factors like undervaluation, new leadership, and sector trends contributed to the recovery. The sale of the C...

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44% Bias Score

Decent Work and Economic Growth
theglobeandmail.com
🌐 85% Global Worthiness
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National Bank Beats Q1 Expectations Despite Rising Loan Defaults

National Bank of Canada reported an 8 percent increase in first-quarter profit to $997 million, exceeding analyst expectations due to strong capital markets and wealth management performance; however, loan loss provisions doubled compared to the previous year.

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36% Bias Score

Decent Work and Economic Growth
theglobeandmail.com
🌐 75% Global Worthiness
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Canadian Banks Face Profit Squeeze Amidst Tariffs and Economic Slowdown

Canadian banks are expected to report low profit growth for the first fiscal quarter of 2024 due to the combined impact of looming U.S. tariffs, an upcoming federal election, and a slowing Canadian economy; analysts predict low single-digit earnings growth compared to the previous year.

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48% Bias Score

Decent Work and Economic Growth
theglobeandmail.com
🌐 85% Global Worthiness
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Canadian Banks Question Effectiveness of Net-Zero Banking Alliance

Major Canadian banks voiced concerns about the Net-Zero Banking Alliance's effectiveness in combating climate change, following the withdrawal of several large U.S. banks, raising questions about the future of the global initiative and the adoption of alternative approaches to achieve net-zero targe...

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44% Bias Score

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Showing 13 to 18 of 18 results