Archive: [ https://archive.ph/313FV ]
The lenders have benefited from “a positive halo effect” from a “resource-rich economy, pro-business Carney government,” Bank of America analyst Ebrahim H. Poonawala said in a note. Those factors encouraged investors to look past Canada’s challenged job and housing markets, as well as uncertainty over the coming renegotiation of the United States-Mexico-Canada Agreement, he added.
Thank goodness. I wouldn’t be able to sleep at night if I knew those poor bankers went hungry. I hope the current economic turmoil didn’t startle them too much.
Yeah those bankers must be so glad they can put food on the table! 🤪