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GTA, Ontario, Canada
A New Sales Record Has Been Achieved By The Jackie Goodlet Team Who Work Out Of The Whitby Office And Specializes In High End Resale And New Home Sales. According To Broker Dave Pearce The Jackie Goodlet Team Wrote More Transactions Than Anyone Else In The 30 Year History Of Our Firm. Their 255 Transactions Had A Total Volume Of More Than $185,000,000 (185 Million). With Over 25 Years Experience In The Business The Jackie Goodlet Team Has Acquired A Wealth Of Knowledge In All Areas Of Real Estate Including Resale, New Builds, Cottages, Lease, Condos, Vacant Land, Investment And Commercial Properties. With Exceptional Negotiating Skills We Are Confident We Can Save You Time And Money On All Your Real Estate Endeavours. We Look Forward To Hearing From You And Your Referrals Are Always Welcome And Rewarded!

Monday, February 27, 2017

Canadian banks strong but DBRS sees risks

A new report says that Canada’s big banks “compare favourably” with their global peers.

An assessment by ratings agency DBRS also says that Canada’s largest lenders have diversified and resilient business models which continue to deliver strong results; aggregate net income was up 6.5 per cent in FY2016 to $37.3 billion.

The report highlights the capital buffers of the largest Canadian banks, which exceed the requirements of Basel III in anticipation of increased regulation over the remainder of this decade.

However, the report also warns that consumer debt, cooling house prices in Greater Vancouver and rising prices in the Greater Toronto area remain key credit risks.

It also flags higher unemployment in the oil producing provinces as increasing risk of delinquencies in the banks’ retail portfolios.

MBN

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