Royal Bank of Canada reported a first-quarter profit of $3.21 billion, down from $4.10 billion a year earlier as its provisions for credit losses increased.
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Royal Bank of Canada’s quarterly profit falls on higher provisionsProvisions for loan losses came in at $532-million for the latest quarter, up from $105-million a year ago
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Why inflation in the U.S. is a problem for the Bank of CanadaAdding to the downward pressure on the loonie is the Bank of Canada's declaration that its hiking campaign is currently on pause From m_zadikian
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Flat economy suggests Bank of Canada rate hikes are working: Economist - BNN BloombergA flat Canadian economy at the end of 2022 is a promising sign that monetary policy is working to bring down inflation, an economist said Tuesday as Statistics Canada reported real gross domestic product (GDP) for last year’s fourth quarter.
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Flat economy suggests Bank of Canada rate hikes are working: Economists - BNN BloombergA flat Canadian economy at the end of 2022 is a promising sign that monetary policy is working to bring down inflation, economists said Tuesday as Statistics Canada reported real gross domestic product (GDP) for last year’s fourth quarter.
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Beer sales hit all-time low as Canada’s alcohol sales see largest drop in a decade, new report findsWine sales in Canada are also seeing a historic decline, according to Statistics Canada.
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Ukrainians welcomed in workplace, but still finding jobs below their qualificationsA report this week from the Royal Bank of Canada indicates that despite immigrants being younger and better educated, they have a harder time than Canadians finding jobs that match their qualifications
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