“Swimming In Dollars”

 

Excess capital

of Toronto-Dominion Bank

nearly 6 billion.

 

Bank of Montreal

3 billion.

 

Best year since 2013

for the country’s six largest banks.

 

“Great to have capital flexibility,”

says Royal Bank.

 

“We like the optionality of a higher capital level,”

says Scotiabank.

 

Meanwhile, Canada’s national debt

grows $600 per second,

inching towards a trillion.

 

(Editor’s note:  poet Shai Ben-Shalom, an Israeli-born biologist, examines current events in the Blacklock’s tradition each and every Sunday)

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