Will it really ever end? I don’t think so. Once again all the big banks are surging in profits. Canada’s biggest banks reported their third-quarter earnings at the end of August, as unemployment rates in Canada and the United States tick higher and as high borrowing costs weigh more heavily on consumers and businesses.
Most of the banks made approximately $2 billion in the last quarter….that’s over $600 million a month….
That’s like $20 million a day….that’s over $1,000,000 an hour. That’s more than $20,000 dollars a
minute…..or $400 dollars a second…so do they really need to charge me 4 bucks to use an ATM and borrow some of my own money from them?
