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The two main challenges facing Canadian banks Add to ...

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As Canadian banks roll out their fiscal first quarter results, starting with Bank of Montreal on Tuesday morning, credit rating agency Standard & Poor’s has released its thoughts on the sort of environment the banks face given high consumer debt levels and the uncertain economy.

S&P maintained a “stable” outlook for the Big Five, reinforcing what everyone knows about the sector: Profitability is strong and loan losses are low.

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