Canada's big banks: Are they really that cyclical?

The big six Canadian banks are up more than 50% over the last 12 months, outperforming the closest comparable sectors. Mario Mendonca, Managing Director at TD Cowen, explores why Canadian banks are outperforming and may not be as vulnerable to credit cycles as in the past. +++ Subscribe to BNN Bloomberg to watch more videos:    / bnnbloomberg   Connect with BNN Bloomberg: For the latest news visit: https://www.bnnbloomberg.ca For a full video offering visit BNN Bloomberg: https://www.bnnbloomberg.ca/video BNN Bloomberg on Twitter:   / bnnbloomberg   BNN Bloomberg on LinkedIn:   / bnn-bloomberg   -- BNN Bloomberg is Canada’s only TV service devoted exclusively to business, finance and the markets. #BNNBloomberg #Canadiannews #Businessnews