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0 0.000114176031434995 -0.000528871994665994 -0.000313445520260318 0.000225120665753949 0.000117407428551188 0.000225120665753949 0.00173310598659399
Stock impact report

Donald Trump win could be a boon for these Canadian banks [Financial Post (Toronto, Ontario, Canada)]

Bank Of Montreal (BMO) 
Last bank of montreal earnings: 2/25 06:00 am Check Earnings Report
Company Research Source: Financial Post
You can save this article by registering for free here . Or sign-in if you have an account. A second term for Donald Trump as president of the United States could potentially impact Canada's banking sector more than a win by Kamala Harris due to his proposed tax cuts for corporations and his aggressive focus on re-shoring, some analysts say. In such a scenario, Canadian banks that have most exposure in the United States are likely to benefit the most in case of a Trump presidency, said CIBC Capital Markets analyst Paul Holden, but vice-president Harris wouldn't change the banks' current outlook as much. “When thinking about which Canadian financials would benefit from a Trump presidency and which would not, the analysis is relatively straightforward: what companies have the highest proportion of employees who celebrate Thanksgiving in November versus October,” he said in a note on Oct. 24. “And what proportion live in countries that do not celebrate Thanksgiving at all?” A Show less Read more
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