Digital Progress: Canada
Canadian Residential Mortgages
in $ billions
166.2
22.7
CANADIAN MORTGAGE PORTFOLIO 1,2
Freehold
Condos
84% ($253Bn)
Freehold
59.6
143.5
32.2
16.7
20.2
11.6
10.2
3.7
42.9
2.9
0.3
0.7
28.5
17.3
11.3
9.5
Ontario
BC & Territories
Alberta
Quebec
Atlantic
Provinces
Manitoba &
Saskatchewan
% of
portfolio
55.4%
20.0%
10.7%
6.6%
3.9%
3.4%
Total
Portfolio 1,2:
$300Bn
16% ($47Bn)
Condos
in $ billions
MATURITY SCHEDULE
92.5
■Fixed ■Variable
71.0
63.8
7.0
39.1
NEW GTA/GVA MORTGAGE ORIGINATIONS
Q2/22
Q1/23
Q2/23
48.2
33.5 2.3
18.1
56.8
3.0
53.4
21.0
31.2
9.6
15.1
22.8
Greater Toronto Area
Total Originations ($Bn)
Uninsured LTV3
Greater Vancouver Area
Total Originations ($Bn)
5.3
2.5
1.5
62%
63%
61%
2.3
1.0
0.5
11.4
Uninsured LTV3
62%
62%
59%
FY23
FY24
FY25
FY26
FY27
FY28+
Asset yields on variable rate mortgages reprice with each change to Scotiabank's prime rate
1 Includes Wealth Management; 2 Spot Balances at Q2/23, may not add due to rounding; 3 Average LTV ratios for our uninsured residential mortgages originated during the quarter
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