Canadian banks could be harder hit in coming recession than during 2008 crisis
Investors and analysts are
bracing for Canadian banks to be hit harder than they were
during the global financial crisis despite stronger balance
sheets, as a rapid drop in interest rates and a spike in
unemployment pose challenges not seen in decades.
bracing for Canadian banks to be hit harder than they were
during the global financial crisis despite stronger balance
sheets, as a rapid drop in interest rates and a spike in
unemployment pose challenges not seen in decades.
Posted by Reuters
