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Cracks may begin to appear in Canadian bank earnings as oil downturn persists - Financial Post
Financial Post | Cracks may begin to appear in Canadian bank earnings as oil downturn persists Financial Post Ben Nelms/BloombergTogether, Canada's biggest six banks carry just over a $100 billion of gross credit exposure to the oil and gas sector, and some defaults may ensue as the energy sector reels from a prolonged decline in prices, CIBC said. |
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