Bay Street Edition

Bank CEOs Seize the Moment to Get Behind Canadian Resource Expansion

Also: Canadian officials are planning a meeting with US banks

An Imperial Oil Ltd. refinery near the Enbridge Line 5 pipeline in Sarnia, Ontario.

Photographer: Bloomberg/Bloomberg

Welcome to Bay Street Edition, our weekly newsletter devoted to what’s happening in Canadian finance, covering strategy, deals, people moves and economics.

I’m Christine Dobby, Bloomberg’s Toronto-based banking reporter, and you’ll find me in your inbox every Friday. This week, we’re talking about the new champions of Canada’s natural resource sector, shareholder proposals at bank annual meetings and Scotiabank’s new analyst on financial stocks. Plus: was your beach read written by AI?