The unprecedented nature of the program makes it hard to estimate the cost
The bank’s loan loss provisions grew by $2.4 billion in the quarter
The bank still reported a profit of $1.00 per share for the quarter
Despite the plunge, the bank beat analysts’ expectations
The $500-million fund will provide capital to struggling firms
But Fitch warns that a second wave of lockdowns could have grim consequences
The banking sector "will be picking up broken egg shells for a number of quarters," CEO says
The lockdown is creating winners and losers
T2 and T3 filers now have until Sept. 1
BoC developing tools to evaluate the balance between faster growth today and slower growth later