Scotiabank and Royal Bank of Canada are navigating a challenging economic environment, noting potential benefits from Trump-era tariffs.
4 reports, 2 independent
Updated Aug 28
Gone quiet
- Reports
- 4
- Developments
- 3
- Repetition
- 50%
New informationRepeats or wire copies
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What happened
Scotiabank and Royal Bank of Canada are navigating a challenging economic environment, noting potential benefits from Trump-era tariffs.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- Scotiabank, headquartered in Canada, monitors trade tensions as Trump signs executive orders barring imports of Canadian goods.Sub-event
CIBC economists advise on the economic impact of the U.S. trade war on Canada.1 source
Canadian banks face economic headwinds while assessing potential benefits from Trump-era tariffs.1 source
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The entities involved
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Donald Trump
American businessman and politician (born 1946), President of the United States (2017–2021; since 2025)
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Scotiabank
Canadian bank based in Toronto
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Royal Bank of Canada
financial institution in Canada
Related events
- U.S. tariffs are projected to cause a sharp cut in economic growth.
- Canadian banks' capital markets strength and analyst activity in the precious metals sector.
- Trustmark National Bank and Royal Bank of Canada are being compared based on financial metrics.
- Trump imposes devastating tariffs on Canada.
- Canadian officials, including Doug Ford, are lobbying against U.S. tariffs imposed by Donald Trump due to potential negative economic impacts.
Coverage
Newest first; wire copies grouped- windsorstar.com
- windsorstar.com
- Insider MonkeyRoyal Bank of Canada (RY) Shines with 11% Earnings Rise in Q2 2025 We recently compiled a list of the 13 Best Major Stocks to Invest in Now. Royal Bank of Canada stands thirteenth on our list. Royal