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Cory’s Chart Corner
Load MoreWow...RBC trying hard to obfuscate an 8x growth in loan losses with candy for the kiddies, buybacks and dividend hike. Morning other Danielle...
h/t @DiMartinoBoothBattening down the hatches with an eight-fold hike in loan loss provisions north of the border:
@RBC provisions for performing loans totaled C$568 million in the second quarter, up from C$68 million in the first three months of the fiscal year.
@business
Monthly Archives: October 2015
Canada’s new government must return infrastructure lending to Bank of Canada
If the new Canadian government intends to help the country improve its fiscal health and future prospects, it must take substantive steps to correct presently self-destructive policies and recommit to Canada’s constitutional processes. Window dressing around the status quo will … Continue reading
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The case for treating environmental initiatives like a war effort
Media campaigns during the Second World War mobilized and inspired citizens to work together to lower waste and increase efficiency for the collective good. Similar thinking is needed on our environment. They are still crunching the numbers, but according to … Continue reading
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Deficits undermining budgets and asset values
As unfunded liabilities and debts mount, pressure to cut services and raise property taxes will continue and increasingly deter potential buyers from cash-strapped areas. (Indeed finding an area that is not cash-strapped today is no small feat!) Not good for … Continue reading
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