this post was submitted on 24 May 2026
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The lenders have benefited from “a positive halo effect” from a “resource-rich economy, pro-business Carney government,” Bank of America analyst Ebrahim H. Poonawala said in a note. Those factors encouraged investors to look past Canada’s challenged job and housing markets, as well as uncertainty over the coming renegotiation of the United States-Mexico-Canada Agreement, he added.

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[–] CapuccinoCoretto@lemmy.world 2 points 1 month ago

In kapitalist kanada, banks rob you!