Did the banks just find $10.4B of new earnings? part 2
I didn’t take too long to start to get to the bottom (somewhat) of the Bank of Canada’s startling news about two major changes last November to the bond and mortgage holdings of Canada’s...
Tagged: chartered banks
Are Banks choosing Provincial bonds over Commercial loans?
Has your broker ever tried to get you to look at a “relatively juicy” Provincial bond yield of late? Despite the historically tight spread you’re earning over Canadas, you might want to consider their...
BDC's stellar loan loss improvement
Talk about great timing! BDC has reported its best financial results in history, just as MPs are about to consider renewing the Crown Corp.’s mandate. I have just started to pour through the 2011...
Commercial loan decrease has funded growth in consumer debt
According to data just released by the Bank of Canada, commercial lending restarted its swoon in January 2010. The category is “Business loans to Canadian residents for business purposes”: December: $191.563 billion January: $185.679...
Is the credit crunch ending?
The credit crunch is starting to thaw a snick. According to data just released by the Bank of Canada, commercial lending had its first uptick month in December ’09. The category is “Business loans...
BoC data: Canadian commercial credit crunch continuing
The credit crunch is still in full force. According to data just released by the Bank of Canada, commercial lending continues to drop across the country. The category is “Business loans to Canadian residents...
Commercial bank loans drop just $60 million in October
The CVCA was working the halls of power in Ottawa yesterday on behalf of Canada’s Innovation Economy, and we had the pleasure of meeting Bank of Canada Governor Mark Carney and his Governing Council....
Commercial bank loans drop $2.6 billion in September
The quantum of outstanding Canadian commercial bank loans dropped by another $2.6 billion during the month of September, the largest one month decrease since January 2009. This came on the heels of August data...
Bank business lending falls again in August, but decline slowing
The year-long drop in Canadian commercial bank lending is starting to slow down. For the month of August, domestic commerical and corporate loans outstanding declined less than a billion dollars. That’s still a pile...
Bank business lending falls once more in July
The hits just keep on coming, as someone once said in the radio biz. The year-long drop in Canadian commercial bank lending continues (see prior post “Bank business lending down again in June” July...
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