Mortgage stress test easing could boost what´s expected to be tepid growth for Canada´s banks
(WorldNews Canada)

TORONTO — Canadian banks are set to post muted quarterly profit growth, driven by higher credit provisions, when they begin reporting earnings on Friday, but a change to a mortgage stress test could brighten prospects for the year, investors and analysts said. Canada’s biggest lender, Royal Bank of Canada, will kick off banks’ first-quarter earnings reports, following the sector’s worst year for growth since the financial crisis. Analysts expect quarterly earnings...