Excess capital
of Toronto-Dominion Bank
nearly 6 billion.
Bank of Montreal
3 billion.
Best year since 2013
for the country’s six largest banks.
“Great to have capital flexibility,”
says Royal Bank.
“We like the optionality of a higher capital level,”
says Scotiabank.
Meanwhile, Canada’s national debt
grows $600 per second,
inching towards a trillion.
(Editor’s note: poet Shai Ben-Shalom, an Israeli-born biologist, examines current events in the Blacklock’s tradition each and every Sunday)
