Canada's big-6 banks are heading into the new year in a position of strength: Analyst
Carl De Souza, senior vice-president, North American FIG, DBRS, Morningstar, joins BNN Bloomberg to share his outlook for Canadian banks in 2023. He says loans will continue to re-price at higher rates; however, deposit costs will also likely trend upward, including a recent shift into higher costing term deposits/GICs.