Profits surged 14% at Canada's Big Six banks in the most recent quarter, above pre-pandemic levels.
Banks in the U.S. have had to disclose racial data about their customers for decades. In Canada, it remains a blind spot.
The Big Six are headed where no bank has gone before.
The Trudeau government had been urging lenders to reduce credit card rates during the COVID-19 pandemic.
Groups are also calling for rent payments to be suspended during the COVID-19 pandemic.
RBC's top executive predicts "a tough couple years" as consumer borrowing slows and digital financial companies gun for the traditional banks.
Deposits and loan demand are at record highs, and the type of business being done is becoming more sophisticated.
The country is seeing longer car loans and more uninsured mortgages.
"Excess profits" at the banks are harming Canada's economy, Democracy Watch says.
Tangerine is Canadians' favourite bank for the sixth year in a row, J.D. Power finds.