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Canadian bank headquarters stand on Bay Street in Toronto. (Brent Lewin/Bloomberg)
Canadian bank headquarters stand on Bay Street in Toronto. (Brent Lewin/Bloomberg)

Big Six banks raise bar on profits Add to ...

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The outlook for Canada’s largest banks was already improving as they turned the page on a tough year in 2016. But the bar has risen higher still as, one after another, the Big Six outstripped estimates for fiscal first-quarter profit.

Solid across-the-board results can make the anxieties from a weak oil and gas sector that dogged the banks last year feel like a distant memory. But prospects for the next three fiscal quarters are still clouded with uncertainty.

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