Category Archives: Main Page

Allowing millions of borrowers to defer debt payments allows them to focus on other necessities and lenders to slow a near-term spike in reported delinquencies and charge-offs.  But it doesn’t solve the solvency crisis now spreading nor the debt write-offs … Continue reading →

In December 2017, the Bank of International Settlements (BIS) reported that Canada’s highest population areas were home to the most over-valued realty prices, relative to rents and income, of anywhere in the world. According to a recent CIBC and Urbanation … Continue reading →

As Canadian banks begin reporting their second-quarter earnings this week (for Feb thru April), Bank of Nova Scotia was first on deck with a 39% drop in profits and a 111% increase in loan loss provisions. Since business lockdowns and … Continue reading →