RBC raises provisions again amid renewed tariff uncertainty

Key Insight: Canada's largest bank is once again bracing for pressure on the Canadian economy from U.S. tariffs.Supporting Data: In the quarter ending Jan. 31, RBC raised provisions for credit losses by 4% year over year.Expert Quote: "While we believe the Canadian economy has demonstrated resilience, factors such as U.S. trade policy … add ongoing uncertainty to our outlook," said RBC Chief Risk Officer Graeme Hepworth.Processing Content The Royal Bank of Canada is back where it was a year ago — bracing f ...