The Globe and Mail reports in its Monday, Dec. 1, edition that Canada's big banks are projected to see an earnings increase despite the U.S. trade war and economic uncertainty affecting consumer borrowing. The Globe's Stefanie Marotta writes that Canada's six largest lenders will report their fiscal year-end earnings this week, with analysts predicting increased fee-based income to support profits amid strong financial markets and share price volatility. Scotiabank analyst Mike Rizvanovic says, "We expect another solid quarter from the large Canadian banks to end a very strong year, helped by still-elevated capital markets, which should land close to record levels." On Tuesday, Bank of Nova Scotia will be the first major bank to release earnings for the three months ended Oct. 31. RBC and National Bank of Canada will report results on Wednesday. TD Bank, BMO and CIBC will wrap up earnings week on Thursday. Analyst expectations are wide-ranging for the fourth quarter, estimating that earnings across the banks could climb between 12 per cent and 24 per cent on average. Canaccord Genuity analyst Matthew Lee says, "Despite macroeconomic uncertainty throughout the year, credit has largely remained sturdy."