UBS Analyst Forecasts Slowing Growth for Banks

The Globe and Mail, Allan Robinson, 7 November 2006Jason Bilodeau, an analyst with UBS Securities Canada Inc., says the best days of growth for the Canadian banks are behind them for now and yesterday he cut the sector to a "neutral" with the exception of Toronto-Dominion Bank, which he maintained as a "buy."The recent 15- to 20-per-cent runup in the share prices of the banks from their lows