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home / news releases / RY:CC - Toronto-Dominion And Royal Bank: Buy Canada's Stellar Growth

RY:CC - Toronto-Dominion And Royal Bank: Buy Canada's Stellar Growth

Royal Bank of Canada

Summary

  • Canada is currently experiencing positive GDP growth.
  • Real GDP grew at 3.3% in the second quarter.
  • This was likely due to higher commodity prices, especially oil.
  • Canadian banks like TD and Royal Bank profit off the growth of Canada's natural resource sector.
  • These banks' stocks are therefore one way to play Canada's strong growth.

For further details see:

Toronto-Dominion And Royal Bank: Buy Canada's Stellar Growth
Stock Information
Company Name: Royal Bank of Canada
Stock Symbol: RY:CC
Market: TSXC
Website: rbc.com
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