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THE END OF THE PARTY FOR CANADA?

Jan 01, 2019 - The Banker
Mergers and Acquisitions

Canada's banks had another sound fiscal year in 2018, recording strong profits and continuing to build an international footprint that should ensure growth going into the final year of the decade. Banks were buoyed by a strong economy in Canada and across the border in the US (where many Canadian banks also operate), low domestic unemployment and rate hikes from the Bank of Canada. Personal lending slowed marginally, but was easily compensated by a solid performance in commercial lending.

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