Canadian banks are setting aside a lot more cash for bad loans, despite a number of government programs to help households. The “Big Six” reported Q3 financial results, and a common theme was an increase in provisions for credit losses (PCLs) from last year. The amount of cash banks have set aside for bad loans […]
The post Canada’s Big Six Banks Set Aside Over $6 Billion For Credit Losses appeared first on Better Dwelling.
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