Big Banks' Optimism vs.
Small Business Reality: A Tale of Two Economies The latest batch of quarterly financial results from Canada's big banks has left many wondering if they're living in a different economic reality than small businesses struggling to stay afloat amidst the escalating trade war with the United States.
The three banking giants – Royal Bank of Canada, Toronto Dominion Bank, and CIBC – reported cautiously optimistic outlooks for the economy, citing improvements in employment and GDP as reasons to be upbeat.