Trending

Blog Post

Due to the banking sector, third quarter corporate profits up: Statistics Canada
Business & Finance

Due to the banking sector, third quarter corporate profits up: Statistics Canada 

As Mona Fortier struggled last week to define her new role as Minister of Middle Class Prosperity and what exactly she would be presiding over, Canadian business balance sheets are in for 2019’s third quarter, and apart from the banking sector they are dreary.

According to Statistics Canada, Corporate operating profits edged up July through August on the backs of the financial services’ $729 million profit increase (+2.2%), offsetting losses of $341 million in the goods and services sector.

Extended Readings(3)

Related posts

©Copyright 2019 The Post Millennial