No Comments

Canadian Banks Increase Loan Loss Provisions as Housing Market Slows

Amidst a slowing Canadian housing market spurred on by the B-20 mortgage stress test, new credit growth continues to slow. As per the Bank of Canada, household credit growth grew by 3.03% Year-over-Year in December, the slowest past of growth since June 1983. The slowdown has also been reflected in residential mortgage credit growth which […]

The post Canadian Banks Increase Loan Loss Provisions as Housing Market Slows appeared first on Vancity Condo Guide – Steve Saretsky.

Comments (0)

WP Twitter Auto Publish Powered By : XYZScripts.com