The Financial Post reports in its Tuesday, Feb. 24, edition that analysts say Canada's major banks are well positioned for first quarter earnings season this week. The Post's Jane Switzer writes that many challenges from the previous years will persist, particularly uncertainties surrounding trade negotiations and the review of the Canada United States Mexico Agreement in July. Over all, analysts expect strong capital markets and wealth management income, positive operating leverage, and limited credit losses to support earnings in the first quarter ending Jan. 31. CIBC Capital Markets analyst Paul Holden expects "another set of strong results across the group, supported by a favourable capital markets backdrop." He said the speed and scale at which banks increase their return on equity will be a key upside driver, adding that most either increased or pulled forward their targets in fiscal year 2025. National Bank Financial analyst Gabriel Dechaine said, "What is remarkable is that this outperformance was delivered against a backdrop of weak gross domestic product growth, rising unemployment and economic uncertainty created by the Trump administration's tariff strategy."