The chief executives of the country’s most prominent banks think Canada is benefiting from generous government relief packages that reduced delinquencies and insolvencies and the arrival of several promising COVID-19 vaccines.
However, they say the coming weeks don’t look pretty because growing numbers of Canadians are continuing to contract the virus.
“In the short-term things are going to be not as good as one might have hoped, but overall I think we are in a probably slow way of getting more positive as the year goes by,” TD chief executive Bharat Masrani said Monday. # SANDI HALPERN # LEASED # SOLD # ECONOMY
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