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Tag Archives: Loan

OSFI: Growth in home equity loan volume slowest since 2016

Canada’s balance of loans secured by home equity saw a miniscule 0.58% annual increase in August, which was the lowest year-over-year upswing since 2016, according to filings at the Office of the Superintendent of Financial Institutions. The outstanding balance of this loan type stood at $305.17 billion in August, just 0.04% higher from July. “Growth has been [&hellip…

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