The B.C. union that requested the audit says it hopes to see further analysis
Higher capital levels would give the banks a bigger cushion, given the weaker economic outlook, report says
Mortgage resets next year expected to cut into spending
Revenues were down slightly in Q4, while expenses and loan provisions were up
Some cuts have already been made, while remainder will happen next year
Outlook shifts to neutral as banks adapt to higher rate environment
The FSB's annual list of banks that require extra capital and oversight shrank by one
Recent labour activity to work against falling inflation, TD report says
Initiative received 42% support from RBC shareholders at latest AGM, and 37% from BMO shareholders
Finance also announced measures to tackle bank fees and mortgage relief