Bank CEOs Maintain Positive Credit Outlook Despite Canada-U.S. Trade War Escalations

Bank CEOs maintain positive credit outlook despite Canada-U.S. trade war escalations

TORONTO - Canadian bank CEOs say their credit outlooks are still generally positive despite an escalating trade war, but they're taking some precautions.

RBC CEO Dave McKay warns of credit caution amid trade war escalation

RBC CEO Dave McKay warns of credit caution as US-Canada tariffs escalate, even as the bank posts $6 billion in Q3 2026 profit, up 11%