Canadian banks deliver record profits

Description: Canada’s top five banks recorded a profit of $29.4-billion in the last fiscal year. This is a healthy 5% growth from last year. As in the past, the increased profits were driven predominantly by demand for mortgages among Canadians. Source: Financial Post Date: December 06 2013 Link:  http://business.financialpost.com/2013/12/06/canadian-banks-deliver-record-29-billion-profit-this-year-but-are-the-good-times-coming-to-an-end/ Questions for Discussion: Can the banks … Continue reading Canadian banks deliver record profits