Banking Sector Worries Ease Ahead of Q1 Results, but Relief Still a Ways Off

Banking Sector Worries Ease Ahead of Q1 Results, but Relief Still a Ways Off
Bank towers are shown from Bay Street in Toronto's financial district, on June 16, 2010. The Canadian Press/Adrien Veczan
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Stock markets may be hovering around record highs internationally, but Canadian bank shares haven’t seen as much momentum as they head into first-quarter earnings results this week.

The sector has been lagging on concerns of sluggish loan growth, risks to existing loan portfolios and a range of other headwinds including changes to tax exemptions and capital requirements.