“Earlier this year, my uncertainty meter was very high,” Bank of Montreal chief executive Darryl White said during a call with analysts. “Today, it’s less high.” Photo by Cole Burston / Bloomberg
Executives at two of Canada’s largest banks that reported better-than-expected third-quarter earnings on Tuesday say the country’s economic situation is gradually improving, though still uncertain due to the tariffs.
“Earlier this year, my uncertainty meter was very high,” Bank of Montreal chief executive Darryl White said during a call with analysts. “Today, it’s less high.”
He said there were questions about what the Canadian government would look like early this year, “let alone who the leader might be of the Liberal Party” and the policy that would flow from it, and there wasn’t “much