TD Bank

TD Bank 

Canada’s chartered banks took a combined multibillion-dollar earnings hit Thursday, driving down stock markets in Toronto amid growing fears of a recession that could result in a deluge of bad loans.

Royal Bank of Canada, TD and CIBC all reported lower second quarter earnings numbers on Thursday, following lower numbers from Bank of Montreal and Scotiabank the day before.

Shaun Polczer is the Business Reporter for the Western Standard, based in Calgary. Formerly, a business reporter for the Calgary Herald, he has also held senior positions at the Daily Oil Bulletin, and the London Petroleum Economist. 

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(3) comments

Left Coast

This is the result of Turdough & Freeland Economics . . . Tax, Print & Spend . . . like Obama's ole Marxist Preacher said "The Chickens are Coming Home to Roost" ! ! !

Mars Hill

Hello BRICS, goodby swift, lets have a Jubilee.


Blame the Feds. They set this up perfectly

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