Consumers have added $45 billion of non-mortgage bank debt over the past 24 months (loans, credit cards and lines of credit), according to data from the Bank of Canada. What about Canadian corporate and...
In case there was any doubt, Canadians are making good use of their credit. In the month of September, our balances on personal loans, credit cards and lines of credit grew by $3.15 billion....
According to data released by the Bank of Canada, commercial and corporate lending by Canadian Chartered banks has dropped to depths not seen since May 2007. The category is “Business loans to Canadian residents...
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