Big Six banks exceed expectations, hit $19 billion in Q1 profit
#incomeinequality #Inflation #BofC #Cdnpoli
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Latest posts tagged with #BofC on Bluesky
Big Six banks exceed expectations, hit $19 billion in Q1 profit
#incomeinequality #Inflation #BofC #Cdnpoli
#StatsCan reported Tuesday that #Canada real #GDP #contracted 0.3% in October. Biggest drop in 3 years.
#BofC hold makes its narrative complicated.
11 of 20 #industrialsectors contracted.
Statements like these by the #BofC donβt impart faith in a #bankingsystem.
Canadians want a responsive banking system that supports needs of the nations people, not provides cushion for investment. Not subject to political pressure or whims.
Itβs not a good look for Canada.
2 eggs OM, homemade salsa, corn tortilla and avocado π₯ slices. #bofc