Canadian News

Bay Street May Open On Weak Note

Weak crude oil prices and lower earnings from Bank of Montreal and Bank of Nova Scotia may weigh on sentiment and set up a weak start for Canadian shares Tuesday morning.

Bank of Montreal (BMO.TO) reported a net income of $1,865 million for the third-quarter of this financial year, compared with $1,565 million a year ago. Adjusted net income came in at $1,981 million in the latest quarter, compared to $2,148 million the previous year's third quarter.

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by RTTNews Staff Writer

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