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Canadian banks hope for boost from Trump’s ‘pro-growth’ plans Add to ...

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Chief executives at Canada’s largest banks are voicing cautious optimism about their prospects for growth in the U.S. under a Donald Trump presidency, but are waiting for clearer signals from the incoming administration.

Promises of deregulation, large-scale infrastructure spending and rising interest rates have driven a sharp run-up in bank stocks, and Canadian bank executives have eagerly anticipated a friendlier U.S. environment.

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