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Canada’s gluttonous banks and their greedy CEOs reel in record profits during pandemic
Canada’s Big 6 Banks reported a 14 per cent increase in their 2021 first-quarter profits, and extremely high profits in 2020 totalling $41.13 billion, just $5.1 billion (12 per cent) less than in 2019 (BMO - $5.1B; CIBC - $3.8B; National - $2.08; RBC - $11.4B; Scotiabank - $6.85B; TD
Over 97,000 Canadians sign petition to fix big banking
Canada’s largest six banks are some of the most profitable institutions in the world. Four of the six were included in Fortune’s Global 500 for 2020, with RBC at 15th, TD at 20th, Scotiabank at 32nd, and BMO at 50th. Of all the Canadian companies listed, all four banks are
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