October delivers stunning $4.7 billion loan jump
According to data released by the Bank of Canada, commercial and corporate lending by Canadian Chartered banks skyrocketed by more than $4.7 billion in October. That’s the largest one month jump since...
View ArticleCommercial and corporate loan balances flatline
According to data released by the Bank of Canada, commercial and corporate lending by Canadian Chartered banks has been treading water for the past few months. March 2010 was the peak for last year,...
View ArticleCommercial loan balances return to Sept. ’09 levels
According to data released by the Bank of Canada, commercial and corporate lending by Canadian Chartered banks has been growing again. We are now sitting at levels that we’ve not seen since September...
View ArticleCanadian bank loans up $10B from lows
According to data released by the Bank of Canada, commercial and corporate lending by Canadian Chartered banks jumped $2.2 billion during the month of March. Borrowers have clawed their way back to...
View ArticleAnother $1.1B out the door in April
According to data released by the Bank of Canada, commercial and corporate lending by Canadian Chartered banks rose another $1.1 billion in April, on the heels of a $2.2 billion increase during the...
View ArticleCommercial bank lending jumps $2.5 billion in June
Not quite a yo-yo, but Canadian Chartered bank lending volumes have been volatile during the past three months. Through the beginning of 2011, Canadian businesses had borrowed about $5 billion in...
View ArticleConsumer borrowing outpacing Corporate debt appetite
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...
View ArticleAre 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...
View ArticleEconomy looking up as Banks add $3.3B of commercial loans in December
Things continue to improve in the domestic economy, if you take this stat to mean something. As we try to do each month, here are the updated figures on corporate drawdowns. The category is “Business...
View ArticleCanadian banks doing their job as Commercial lending rises 12% in a year
I’m sorry I took my eye off the ball, and for generally underperforming on the blogging front of late, but I have news on a topic we’ve been writing about for years: Canadian banks surpassed their peak...
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