Canadian Housing Market: Engineering a Soft Landing
Canadian Retail: Loans and Provisions
Credit fundamentals remain strong
TOTAL RETAIL
35
33
28
25
25
24
25
31
31
25
28
50
30
MORTGAGES
10
1
0
2
12
1
1
PERSONAL LOANS1
95
85
80
70
66
88
78
69
69
63
Q3/18 Q4/18 Q1/19 Q2/19 Q3/19
Q3/18 Q4/18 Q1/19 Q2/19 Q3/19
LINES OF CREDIT²
CREDIT CARDS
96
458
86
81
349
75
68
330
402
292
415
Q3/18 Q4/18 Q1/19 Q2/19 Q3/19
75
70
68
70
73
339
269
283
241
Q3/18 Q4/18 Q1/19 Q2/19 Q3/19
Q3/18 Q4/18 Q1/19 Q2/19 Q3/19
PCL as a % of avg. net loans (bps)
PCLs on Impaired Loans as a % of avg. net loans (bps)
Loan Balances
Q3/19
Mortgages
Personal Loans¹ Lines of Credit2
Credit Cards
Total
Spot ($B)
$222
$40
$34
$8
$3043
% Secured
100%
99%
62%
3%
93%4
196% are automotive loans
2 Includes Home Equity Lines of Credit and Unsecured Lines of Credit
3 Includes Tangerine balances of $6 billion
4 80% secured by real estate; 13% secured by automotive
Scotiabank.
3
33View entire presentation