Canadian banks collectively set aside $24 billion for credit losses this past year, a stunning figure designed to address the economic fallout from COVID-19. What will it mean for investors? In this episode, Sohrab Movahedi and Chris Heakes go deep on fourth quarter earnings and discuss the implications of low interest rates, impaired loans and government stimulus on the sector outlook for 2021. Our experts also offer key ETFs with exposure to North American banks, guided in their discussion by host Daniel Stanley. 

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Daniel Stanley is an ETF Specialist at BMO Global Asset Management. He is joined on the podcast by Chris Heakes, Portfolio Manager, BMO Global Asset Management, and Sohrab Movahedi, Managing Director, Financials Research, BMO Capital Markets.

ETFs mentioned in the podcast:

BMO Equal Weight Banks Index ETF (Ticker: ZEB)

BMO Covered Call Canadian Banks ETF (Ticker: ZWB)

BMO S&P/TSX Capped Composite Index ETF (Ticker: ZCN)

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