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Hanging up 📞 – **“Alberta is calling” may have backfired. Banks earnings season comes to a close.** episode artwork

EPISODE · May 31, 2024 · 7 MIN

Hanging up 📞 – **“Alberta is calling” may have backfired. Banks earnings season comes to a close.**

from The Peak Daily · host The Peak / Curiouscast

With the promise of cheap housing and good jobs filling subway and billboard ads across the country, herds of young people have moved to Alberta’s comparatively cheaper pastures.Canadian lenders are still feeling the effects of high interest rates on earnings, but more deal-making helped offset losses — even as the mean ol’ Bank of Canada waits to cut rates.Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO

What this episode covers

With the promise of cheap housing and good jobs filling subway and billboard ads across the country, herds of young people have moved to Alberta’s comparatively cheaper pastures. Canadian lenders are still feeling the effects of high interest rates on earnings, but more deal-making helped offset losses — even as the mean ol’ Bank of Canada waits to cut rates. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO

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Hanging up 📞 – **“Alberta is calling” may have backfired. Banks earnings season comes to a close.**

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How long is this episode of The Peak Daily?

This episode is 7 minutes long.

When was this The Peak Daily episode published?

This episode was published on May 31, 2024.

What is this episode about?

With the promise of cheap housing and good jobs filling subway and billboard ads across the country, herds of young people have moved to Alberta’s comparatively cheaper pastures.Canadian lenders are still feeling the effects of high interest rates...

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