Governor Carney's future political career looking good
The Bank of Canada raised interest rates again this week, and Governor Mark Carney’s decision seems to have gone over just fine. Whew. As promoters of his role in even higher office, it is...
Tagged: commercial bank loans
Surprising strength in commercial mortgages
Folks in the commercial real estate world may be unnecessarily glum of late, if the recently-released Bank of Canada data is any guide. From what I can tell, outstanding Chartered bank commercial mortgages grew...
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 loan growth to resume in H2 2010"
Good news, borrowers! According to an equity research report I read this morning, at least one domestic bank believes that the end of the credit crunch is almost upon us. As the year has...
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...
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