BMO, Scotiabank see economic winds favouring U.S. amid speedier vaccine rollout

Two of Canada’s biggest banks see a brightening economic picture in 2021, but expect the country’s recovery to lag that of the United States, where the rollout of COVID-19 vaccines has been more rapid. The improving overall economic outlook helped both Bank of Montreal and Bank of Nova Scotia report better-than-expected earnings for their fiscal first quarters, which ended Jan. 31. ...