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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
Daily Archives: May 15, 2017
After the oil-rush, Canadian economy un-diversified and fragile
While some 25% of Canadian GDP has come from realty and related services over the past 7 years, nearly all–s0me 84%–of Canadian economic growth since 2010 has come from abnormally high activity in this sector. As a result, it does … Continue reading
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Credit unions using high-pressure sales to harm customers too
I have never been a credit union member, but I recently saw a billboard outside a local Meridian that was advertising below-market mortgage rates along with above-market dividend yields, with the clear implication that one could borrow to ‘invest’ for … Continue reading
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‘Forest bathers’ return to nature for health benefits
“Unexpected benefits” of nature. Funny… Don’t call them hikers; they’re “forest bathers”—people who swear by the therapeutic effects of trees. The movement is gaining popularity from Japan to Hollywood, and includes fans such as Gwyneth Paltrow and Justin Bieber. Here … Continue reading
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