Canada's RBC, TD, CIBC top expectations on strong wealth, capital markets earnings
Lower interest rates increased appetite for dealmaking, underwriting and other corporate banking activities while the wealth management business, a capital-light and fee-based business, has also boomed recently, powered by a rise in the number of high net-worth individuals and increasing investments. But heightened geopolitical uncertainty and an ongoing tariff threat from the U.S. government could potentially hurt the Canadian economy, slow loan growth and pressure consumers with mortgages.