Bad loans piling up at big banks as TD, Royal and CIBC reveal quarterly numbers
Three of Canada's biggest lenders posted quarterly earnings on Thursday, and as was the case at Scotiabank earlier in the week, they're all putting a lot more money aside to cover loans that potentially might go bad.
![Bad loans piling up at big banks as TD, Royal and CIBC reveal quarterly numbers](https://i.cbc.ca/1.5826548.1701358262!/fileImage/httpImage/image.jpg_gen/derivatives/16x9_620/toronto-bay-street-bank-sign.jpg)
![A pedestrian passes in front of a bank in the financial district of Toronto on Thursday, July 25, 2019. Canadian stocks fell as tech heavyweight Shopify Inc. weighed on the benchmark and investors continued to flee pot companies. Canada's top banking regulator has raised capital ratios for Canada's big banks.](https://i.cbc.ca/1.5826548.1701358262!/fileImage/httpImage/image.jpg_gen/derivatives/16x9_620/toronto-bay-street-bank-sign.jpg)
Three of Canada's biggest lenders posted quarterly earnings on Thursday, and as was the case at Scotiabank earlier in the week, they're all putting a lot more money aside to cover loans that potentially might go bad.