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Scotiabank boosts Q4 profits with less money set aside for bad loans - National | Globalnews.ca

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Summary
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82% Informative

Scotiabank says it expects to see continued loan pressure and political uncertainty in the months ahead .

The bank kicked off a week of bank earnings Tuesday as it reported a fourth-quarter profit of $1.69 billion .

Profits were hit by taxes and a writedown of its holding in a Chinese bank, said chief executive Scott Thomson .

VR Score

92

Informative language

97

Neutral language

88

Article tone

semi-formal

Language

English

Language complexity

55

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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no external sources

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