Canada's big banks push for reforms in Ottawa to confront tariff risks [Yahoo! Finance Canada]
Royal Bank Of Canada (RY)
Last royal bank of canada earnings: 2/21 06:00 am
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Source: Yahoo! Finance Canada
The banks' CEOs delivered similar remarks on earnings calls this week. U.S. President Donald Trump has vowed to impose 25% tariffs on most Canadian imports on March 4. "The bank CEOs have a voice ... (They) are opportunistically pushing for, principally, a reduction in regulatory burden," said Kevin Burkett, portfolio manager at Burkett Asset Management, which owns shares of Bank of Montreal, Royal Bank of Canada and TD Bank. Trump's proposed tariffs could reduce growth substantially, lead to job cuts and raise prices of many goods in the U.S. and Canada. Canada sends around 75% of all exports to its southern neighbor. "The current situation is also a clear signal that Canadian governments and businesses must pull together to remove the obstacles that hold back national productivity and strengthen our competitiveness," TD Bank CEO Raymond Chun told analysts. Chun and other executives said the government must tackle barriers that hold back trade between the 10 provinces while
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Earnings
- 12/3/25 - Beat
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Sec Filings
- 12/16/25 - Form 424B2
- 12/16/25 - Form 424B2
- 12/16/25 - Form 424B2
- RY's page on the SEC website