Big banks emerged unscathed from pandemic and now they are poised to benefit anew

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TORONTO (CU)_The Big Banks of Canada not only survived, but ultimately thrived amid the record economic downturn brought about by the pandemic. With a record stockpiles of excess capital set aside for to protect against a wave of potential loan losses which failed to materialise, the firms registered record profits over the past year and now some analysts believe things can only get better for the big five lenders of Canada.

As the economy improves, interest rates are…

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