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flag Canadian banks BMO and Scotiabank exceed Q1 earnings expectations despite trade tensions.

flag Canadian banks BMO and Scotiabank reported strong Q1 earnings, exceeding analysts' expectations. flag BMO saw a 45% increase in capital-markets earnings, while Scotiabank's global markets division grew by 33%. flag Despite a decrease in net income due to a one-time charge, Scotiabank's adjusted earnings per share rose 4%. flag Both banks highlighted positive revenue growth but noted potential challenges from North American trade tensions.

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