The big five banks in Canada operate a virtual oligarchy, which make their moats deep and wide. Regulations have protected Canadian banks from the worst of the toxic loans. The Governor of the Bank of Canada projects that Canada will be best… More
Because of declining loan loss provision within banking group as a whole I fell this will reverse. When it does a large percentage of earnings growth with go out the window. A few facts over the last couple of years is that major money center banks… More