By Daniel Johnson Canadian bank CEOs say their credit outlooks are still generally positive despite Canada-U.S. trade tensions ratcheting up, though they’re taking some precautions. “I’m a little cautious because of the escalation of the trade war right now, but what we’re seeing outside of that, consumer, commercial, U.S. commercial is getting better,” RBC president and CEO Dave McKay said on Wednesday at the Scotiabank Financials Summit in Toronto. However, he says tariff-impacted sectors are facing a significant degree of uncertainty and the bank is maintaining a robust capital buffer to absorb potential losses. Scotiabank president and CEO Scott Thomson says he doesn’t think tariffs will have a large effect on the lender’s credit performance. “A relatively small amount of trade is tariffed, and so I don’t think that’s going…
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