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Analysis-Canadian banks' see dip in 30 year-plus mortgages, but risks remain

After a sharp rise in mortgage repayment terms over the past few quarters, Canadian banks' home loans past 30 years have edged lower in the latest quarter but analysts say risks remain elevated with borrowing costs expected to stay higher for longer. The Bank of Canada's 10 interest rates since last year have triggered a spike in monthly payments for variable rate loans and in cases of fixed payments, their monthly contribution largely covered only the interest portion of their loan. ...
Stephen Coates Brian Madden Dan Rees Hratch Panossian Michael Rhodes Nivedita Balu
Source: yahoo.com

The Bank of Nova Scotia (NYSE:BNS) Q3 2023 Earnings Call Transcript

The Bank of Nova Scotia (NYSE:BNS) Q3 2023 Earnings Call Transcript August 29, 2023 The Bank of Nova Scotia beats earnings expectations. Reported EPS is $1.73, expectations were $1.28. John McCartney: Good morning, and welcome to Scotiabank’s 2023 Third Quarter Results Presentation. My name is John McCartney, I’m Head of Investor Relations, here at Scotiabank. […]
British Columbia United States United Kingdom Mario Mendonca Lemar Persaud Kevin George Shutterstock
Source: yahoo.com

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