{"id":86950,"date":"2021-03-01T18:10:32","date_gmt":"2021-03-01T18:10:32","guid":{"rendered":"https:\/\/funds.palos.ca\/issue-9-the-big-six-report-card-gets-straight-as\/"},"modified":"2021-03-01T18:10:53","modified_gmt":"2021-03-01T18:10:53","slug":"issue-9-the-big-six-report-card-gets-straight-as","status":"publish","type":"post","link":"https:\/\/funds.palos.ca\/fr\/issue-9-the-big-six-report-card-gets-straight-as\/","title":{"rendered":"Issue 9 &#8211; The Big Six Report Card Gets Straight \u201cA\u2019s\u201d"},"content":{"rendered":"<p>Tuesday February 23 kicked off \u2018earnings week\u2019 for Canada\u2019s Big Six Banks. As a sector the economically sensitive banking sector underperformed for much of 2020. Obviously, the pandemic\u2019s disruption of the economy and the impact on consumers had an impact. For Q1 the Big Six reported approximately $1.6 billion in combined credit losses. While this may seem enormous, this was well below what was expected.<\/p>\n<p>&nbsp;<\/p>\n<p>Follow us on: <a href=\"https:\/\/www.linkedin.com\/company\/palos-management-inc.\/\"><strong>LinkedIn<\/strong><\/a><\/p>\n<p>&nbsp;<\/p>\n<p>By Charles Marleau CIM<sup>\u00ae<\/sup> and William Mitchell CIM<sup>\u00ae<\/sup><\/p>\n<p><strong><span style=\"color: #000080;\"><a style=\"color: #000080;\" href=\"https:\/\/funds.palos.ca\/wp-content\/uploads\/2021\/03\/Weekly_Commentary_030121.pdf\">Continue Reading in PDF<\/a><\/span><\/strong><\/p>\n<p>By Charles Marleau CIM<sup>\u00ae<\/sup> and William Mitchell CIM<sup>\u00ae<\/sup><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Tuesday February 23 kicked off \u2018earnings week\u2019 for Canada\u2019s Big Six Banks. As a sector the economically sensitive banking sector underperformed for much of 2020. Obviously, the pandemic\u2019s disruption of the economy and the impact on consumers had an impact. For Q1 the Big Six reported approximately $1.6 billion in combined credit losses. While this &hellip;<\/p>\n<p class=\"read-more\"> <a class=\"\" href=\"https:\/\/funds.palos.ca\/fr\/issue-9-the-big-six-report-card-gets-straight-as\/\"> <span class=\"screen-reader-text\">Issue 9 &#8211; The Big Six Report Card Gets Straight \u201cA\u2019s\u201d<\/span> Lire la suite\u00a0\u00bb<\/a><\/p>\n","protected":false},"author":11,"featured_media":86946,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[29],"tags":[],"_links":{"self":[{"href":"https:\/\/funds.palos.ca\/fr\/wp-json\/wp\/v2\/posts\/86950"}],"collection":[{"href":"https:\/\/funds.palos.ca\/fr\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/funds.palos.ca\/fr\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/funds.palos.ca\/fr\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/funds.palos.ca\/fr\/wp-json\/wp\/v2\/comments?post=86950"}],"version-history":[{"count":0,"href":"https:\/\/funds.palos.ca\/fr\/wp-json\/wp\/v2\/posts\/86950\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/funds.palos.ca\/fr\/wp-json\/wp\/v2\/media\/86946"}],"wp:attachment":[{"href":"https:\/\/funds.palos.ca\/fr\/wp-json\/wp\/v2\/media?parent=86950"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/funds.palos.ca\/fr\/wp-json\/wp\/v2\/categories?post=86950"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/funds.palos.ca\/fr\/wp-json\/wp\/v2\/tags?post=86950"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}