Embracing Fintech
Canadian Residential Mortgages
High quality stable portfolio. Credit trends performing strongly
Canadian Mortgage Portfolio: $301Bn (Spot balances as at Q3/22, $Bn)
165.2
22.2
Freehold $254Bn
-
(85%)
Condos $47Bn
(15%)
-
15%
Condos
59.7
143.0
Total
Portfolio 12:
$301Bn
33.0
16.6
20.4
3.8
11.7
10.5
43.1
2.9
0.3
0.7
29.2
Ontario
BC & Territories
Alberta
17.5
Quebec
11.4
9.8
Atlantic
Provinces
Manitoba &
Saskatchewan
85%
% of
portfolio
Freehold
55.0%
19.8%
11.0%
6.8%
3.9%
3.5%
Canadian Mortgage Originations ($Bn)
New GTA/GVA Mortgage Originations
Q3/21
Q2/22
Q3/22
26.6
21.5
19.9
20.2
17.5
Greater Toronto Area
Total Originations ($Bn)
Uninsured LTV3
Greater Vancouver Area
Total Originations ($Bn)
Uninsured LTV3
7.8
5.3
5.8
64%
62%
63%
3.3
2.3
2.3
64%
62%
62%
Q3/21
Q4/21
Q1/22
Q2/22
Q3/22
Q3-21 Q4-21 Q1-22 Q2-22 Q3-22
Average Uninsured
65%
65%
64%
63%
63%
LTV at Origination
1 Includes Wealth Management
2 Spot Balances at Q3/22
3 Average LTV ratios for our uninsured residential mortgages originated during the quarter
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