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Canadian banks

Canadian Banks Urged To Cut Rates, Suspend Payments As Profits Soar

Profits surged 14% at Canada's Big Six banks in the most recent quarter, above pre-pandemic levels.
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Canada's Big Six Banks Lower Credit Card Rates For Struggling Borrowers

The Trudeau government had been urging lenders to reduce credit card rates during the COVID-19 pandemic.
By Bharath Manjesh and Nichola Saminather, Reuters

Canadian Banks Offer Mortgage Deferrals ‘On Case By Case Basis’

Groups are also calling for rent payments to be suspended during the COVID-19 pandemic.
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Canadian Banks Prep Job Cuts Amid Spike In Bad Loans

RBC's top executive predicts "a tough couple years" as consumer borrowing slows and digital financial companies gun for the traditional banks.
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Canada’s Big Banks Lose Again In Customer Satisfaction Survey

Tangerine is Canadians' favourite bank for the sixth year in a row, J.D. Power finds.
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