Bank Bonuses Rise 1.9% in Canada as Firms Look Past Slowdown.

Royal Bank of Canada, which has the largest capital markets business among Canada's banks, also had the largest variable compensation pool at C$7.13 billion. (Bloomberg) -- Canada's banks are spending 1.9% more on bonuses for fiscal 2022 than they did a year earlier, despite a dramatic slowdown in investment-banking activity, as they try to retain talent in the hope of a recovery in the year ahead. [Extracted from the article]