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The Big 6 banks saw profits soar in the second quarter thanks to strong mortgage growth and massive loan-loss provision reductions.
When 2020 came to an end, so too did the vast majority of mortgage deferral programs offered by the Big 6 banks and other Canadian lenders.
The country’s Big Six banks provided an update on the state of their mortgage deferrals, with each reporting varying results...
For the second-quarter earnings season, all eyes were on the Big 6 banks’ credit loss provisions and mortgage payment deferral...
Profits were down among the big banks in what has been called a “bleak” fourth-quarter earnings season. It was the...
Canada’s big banks saw moderate mortgage growth in the third quarter in the midst of worsening macro economic conditions. The...
Canada’s big banks felt the effects of a sharply slowing economy and cooling housing market in the second quarter. Most...