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HomeMore NewsBanking & FinanceIs the economic toll of the pandemic in the rear-view mirror?

Is the economic toll of the pandemic in the rear-view mirror?

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OTTAWA (CU)_With new daily COVID-19 infections being on a downward trend, several provinces across Canada have begun relaxing pandemic-induced restrictions. Meanwhile, the country’s biggest banks reported profits which had soared two times or more than the last quarter, suggesting that the worst of the pandemic may be in the rear-view mirror.

The Royal Bank of Canada, the biggest bank in the North American nation, reported a profit of…

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