Two of Canada's biggest lenders revealed quarterly earnings on Wednesday that suggest a gloomier outlook for Canada's economy, with sharply lower profits and a large jump in the amount of money they're setting aside to cover bad loans. #cbc | top stories news #ifttt

Profits dip as BMO and Scotiabank set aside hundreds of millions more to cover bad loans Two of Canada's biggest lenders revealed quarterly earnings on Wednesday that suggest a gloomier outlook for Canada's economy, with sharply lower profits and a large jump in the amount of money they're setting aside to cover bad loans. Tags: cbc | top stories news, ifttt via Pocket https://ift.tt/Brb9w0i May 24, 2023 at 10:53AM

Profits dip as BMO and Scotiabank set aside hundreds of millions more to cover bad loans Two of Canada's biggest lenders revealed quarterly earnings on Wednesday that suggest a gloomier outlook for Canada's economy, with sharply lower profits and a large jump in the amount of money they're setting aside to cover bad loans. Tags: profits dip as bmo and sc via Pocket https://ift.tt/Brb9w0i May 24, 2023 at 11:13AM