Did the banks just find $10.4B of new earnings?
I merely mentioned it in passing at the time (see prior post “Are Banks choosing Provincial bonds over Commercial loans?” Jan 5-12), but it was during a chat on air with BNN’s Kim Parlee...
Tagged: residential mortgages
Canada's housing punch bowl still serving, 12 months later
I was glad to see the Globe’s Boyd Erman join me yesterday in the campaign to deal with Canada’s never-ending mortgage party. Twelve months ago, I described the pending financial hardship that would befall...
Canadian corporate bank loans hit new 39 month low
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...
Personal credit line balances up 61% since 2007
Is the consumer up to his/her eyeballs in debt? Depends upon whether you are thinking on a gross or net basis. Looking at the corporate loan books of the Canadian banks (see prior post...
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...
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