Hanging up 📞 – **“Alberta is calling” may have backfired. Banks earnings season comes to a close.**
With the promise of cheap housing and good jobs filling subway and billboard ads across the country, herds of young people have moved to Alberta’s comparatively cheaper pastures.
Canadian lenders are still feeling the effects of high interest rates on earnings, but more deal-making helped offset losses — even as the mean ol’ Bank of Canada waits to cut rates.
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