Wealthiest households increase their net worth at the fastest pace of any household group during the second quarter of 2
Association seeks approach that considers households with multiple financial goals.
Analysis shows Canadians are underinsured in five provinces.
However, the bank reports lower earnings for its insurance segment.
A further increase in provisions for credit losses on impaired loans was necessary for the quarter ended July 31, 2024.
The bank faced increased claims.
The property & casualty, wealth management and life & health insurance sectors posted improved results in 2024.