Scotiabank Investor Presentation
Canadian Residential Mortgages
High quality stable portfolio. Credit trends performing strongly
Canadian Mortgage Portfolio: $302Bn (Spot balances as at Q4/22, $Bn)
84%
Freehold
166.7
22.5
Freehold $254Bn
-
(84%)
Condos $48Bn
(16%)
-
Total
Portfolio 1,2
$302Bn
60.2
144.2
33.0
16.7
43.5
20.4
3.9
11.8
10.4
2.9
0.3
29.1
0.7
17.5
11.5
9.7
Ontario
BC & Territories
Alberta
Quebec
Atlantic
Provinces
Manitoba &
Saskatchewan
55.1%
% of
portfolio
Maturity Schedule - Total Canadian Mortgages ($Bn)
19.9%
10.9%
6.8%
3.8%
3.5%
New GTA/GVA Mortgage Originations
94.4
Fixed Variable
75.3
66.3
8.2
43.6
Q4/21
Q3/22
Q4/22
52.1
32.7
29.7
3.1
4.6
58.1
50.8
4.0
25.1
29.6
23.2
0.2
3.8
Greater Toronto Area
Total Originations ($Bn)
Uninsured LTV3
Greater Vancouver Area
Total Originations ($Bn)
Uninsured LTV3
6.2
5.8
3.5
64%
63%
63%
2.6
2.3
1.3
63%
62%
62%
FY23
FY24
FY25
FY26
FY27
FY28+
Asset yield on variable rate mortgages reprice with each change
to Scotiabank's prime rate
1 Includes Wealth Management
2 Spot Balances at Q4/22, may not add due to rounding
3 Average LTV ratios for our uninsured residential mortgages originated during the quarter
16%
Condos
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