Scotiabank says tariff fears causing borrowers to hold back but risks ‘manageable’

Scotiabank says tariff fears causing borrowers to hold back but risks ‘manageable’

TORONTO — The threat of tariffs is leading to a pullback in borrowing as businesses and consumers wait to see what comes, said Scotiabank.
Kicking off first-quarter results for Canadian banks, Scotiabank moderately boosted its provisions for bad loans but has

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