RBC’s profit rises despite credit hits as economy performs better than expected

TORONTO — RBC reported a surge in impaired loans in its first quarter but says overall results were boosted by better-than-expected economic and banking conditions. Canada's largest bank reported gross impaired loans of $7.88 billion in the quarter, up 34 per cent from the previous quarter as a single account in the utility sector added […]

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Business, Economy, National

January 27, 2025

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