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Canadian Stocks Show Strong Performance
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Canadian stocks show strong performance with the S&P/TSX Composite Index rising by 0.54% and the S&P/TSX 60 advancing by 0.48%. National Bank of Canada's shares surge by 4.2% following its 4Q profit and revenue growth, while Bank of Montreal experiences lower profit and revenue. Retail trade declines, while communications, transportation, and process industries lead the gains.
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How might the strong performance of Canadian stocks impact global markets?
What factors contributed to the decline in retail trade and its implications for the economy?
What strategies can banks employ to maintain profitability and revenue growth in the face of changing market conditions?
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