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Cory’s Chart Corner
Wow...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 @DiMartinoBoothDanielle DiMartino Booth @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.
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Monthly Archives: April 2019
First quarter job cuts confirm economic weakness spreading
The US Challenger jobs report this week offered some insight into our economic cycle as well as ongoing upheaval in the energy and automotive sector. US job cuts in the first quarter were 190,410, 10.3% higher than in the final … Continue reading
Turning food waste into biodegradable plastics
With poor countries now rejecting our mountains of plastic waste, and plastic particles already contaminating water and food systems worldwide, the need to reduce packaging while also producing environmentally friendly plastics is one of the most urgent issues of our … Continue reading
BC’s ‘dirty money’ crackdown biting casino profits/investors
Over the past decade, developers and investors noted that Vancouver casino revenues grew handsomely while most other casino areas had flat-lined. Then, in 2018, after years of accepting suitcases and hockey bags full of cash without questions, a new focus … Continue reading