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Are Canadian Banks fucked?

ln the last 10 years Canadian Telcos went from a strong oligopoly to giving out all kinds of promotions fighting against shitty little companies like public mobile, virgin etc..
Now they are in a race to the bottom and have the gov't all over their ass any time they sneeze. Their stock prices have tanked. $The Toronto-Dominion Bank(TD.CA)$ $Bank of Nova Scotia(BNS.CA)$ $Bank of Montreal(BMO.CA)$ $Royal Bank of Canada(RY.CA)$ $Canadian Imperial Bank of Commerce(CM.CA)$
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