Who was Barbara Mitchell?
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Janvier 27, 2015 12:00PM

Interest rates are low because of demographics; an aging population of savers creates a borrower's market
Michael Walker
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The Bank of Canada apparently surprised the chattering classes and everybody else this week by dropping its benchmark interest rate.
Étiquettes:
interest rates, bank of canada, borrowers market, savers market, securities, saving, lending, entrepreneurship, population growth, loanable funds market, financial markets
Janvier 12, 2011 2:00AM

Without skin in the game, banks won't tighten lending standards
Neil Mohindra
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In a year-end interview, Finance Minister Jim Flaherty noted, “I find it just strange that I get some of the financial institutions telling me to mind my own business on regulatory matters — and then we have some worries about the level of consumer debt, and the banks are saying the government needs to move in and tighten standards.” The Minister’s remarks followed calls by some bank CEOS for the government to tighten lending standards for residential mortgages such as a reduction in amortization periods.
Étiquettes:
banks, lending, lending standards, mortgage, mortgages, CMHC, OFSI