Canadian banks benefit from consumer spending rebound - The Globe and Mail

RBC, CIBC and TD all saw revenue and loan balances in their core Canadian retail and business banking operations post strong gains compared with a year earlier

As consumers open their wallets, the surge is pushing businesses to borrow and invest to meet that demand, which has helped drive up fees and interest income collected by banks.Christopher Katsarov/T… [+6495 chars]

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