Wednesday, March 29, 2006

Cdn Banks Will Have to Deal with Significant Challenges in 2006

The Globe and Mail, Paul Waldie, 29 March 2006Canada's big banks enjoyed stellar financial results in 2005, but they face several challenges in 2006 that could hurt profits, according to a report released yesterday by PricewaterhouseCoopers.The big six banks chalked up more than $12-billion in combined profit last year, thanks largely to a strong Canadian economy, high commodity prices and low

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