PCL Ratios and Provision for Credit Losses Review
CANADIAN RESIDENTIAL MORTGAGE PORTFOLIO
45%
Insured
$106.0
$11.9
Total Portfolio:
$212 billion
$94.1
$38.3
$8.9
$30.9
$3.7
(Spot Balances as at Q3/18, $B)
$15.9
$29.4
$1.7
$27.2
$11.5
$14.2
$11.3
$0.2 $9.5
$8.8
$0.7
55%
Ontario
BC &
Territories
Alberta
Quebec
Atlantic
Provinces
Manitoba &
Saskatchewan
Uninsured
Freehold $185B
Condos $27B
Average LTV of uninsured mortgages is 53%¹
New originations² average LTV of 63% in Q3/18
1 LTV calculated based on the total outstanding balance secured by the property. Property values indexed using Teranet HPI data.
2 New originations defined as newly originated uninsured residential mortgages and have equity lines of credit, which include mortgages for purchases
refinances with a request for additional funds and transfer from other financial institutions.
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