Global Wealth Management: 2012 Outlook
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Canadian Banking: Residential Mortgage Portfolio
($ billions)
$74
Ontario
Total Portfolio: $146
Insured Uninsured
56%
44%
Average LTV of
uninsured
mortgages is
55%¹
$22
$21
$17
$12
B.C.
Scotiabank
Alberta
Quebec
Other
(1) LTV calculated based on the total outstanding balance secured by the property.
Property values indexed using Stats Can New Housing Price Index.
•
Risk Outlook
Asset quality remains strong
-
-
Retail and Commercial portfolios stable and performing well
Continued strength in Corporate portfolios
Expect 2012 provisions to be in line to slightly higher than 2011
-
―
Canadian Retail provisions stable
International Retail provisions may grow due to acquisitions and
growth in portfolios
Corporate and Commercial provisions likely to remain range
bound
20
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