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Laurentian Bank of Canada T.LB

Alternate Symbol(s):  LRCDF | LAUCF | T.LB.PR.H

Financial Services
Laurentian Bank of Canada (the Bank) is a Canada-based provider of financial services to its personal, commercial and institutional customers. The Bank operates in Canada and the United States. Its segments include Personal Banking, Commercial Banking and Capital Markets. The Personal Banking segment caters to the financial needs of retail clients. The Commercial Banking segment caters to the financial needs of business clients across Canada and in the United States and provides commercial banking, real estate financing, and equipment and inventory financing. The Capital Markets segment provides a range of services, including research, market analysis and advisory services, corporate underwriting for debt and equity, and administrative services. The Bank's clients can access its offering of financial advice, products and services through a network of branches in Quebec. The Bank offers a digital direct-to-customer platform to all Canadians. The Bank has approximately 57 branches.


TSX:LB - Post by User

Laurentian Bank of Canada
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(9)
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Post by carlocarlion Apr 08, 2019 6:07pm
95 Views
Post# 29599053

Large increase in housing starts in Montreal and in Quebec i

Large increase in housing starts in Montreal and in Quebec iHousing starts have increased substantially during the first quarted of 2019 (relative to Q1 2018) both in Montreal and in Quebec in general. The increase in Montreal was 12%, thanks to a huge jump (58%) during March 2019 compared to March 2018. If this represents a trend (which remains to be confirmed), it should bode well for banks that are active in Quebec.
See: https://www.lapresse.ca/affaires/201904/08/01-5221367-construction-de-logements-a-montreal-le-meilleur-premier-trimestre-en-10-ans.php
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