Canadian Banks Brace for Slower Growth | Q2 Preview

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In this episode, we dive into the most recent earnings preview for Canadian banks. TD Bank will begin revenues season, with slower revenue growth anticipated due to high borrowing expenses and economic slowdown. Analysts forecast a prospective 4% drop in revenues, affected by increased reserves for loan losses, greater expenses, and strict capital requirements.

Also in this episode:

Canada's April inflation cools to 2.7%, stimulating speculation of possible rate cuts.
CIBC's Benjamin Tal updates his outlook, anticipating a mindful yet tactical technique to upcoming financial policies.


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Canadian Banks Brace for Slower Growth | Q2 Preview

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About the Author: Richard Money


  1. It seems like the banks have went nowhere for so long now. I only own them for the growing dividends.

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