BOC senior loan officer survey for Q4: -1.89% versus +1.71% prior
This is a lower-tier indicator but something the Bank of Canada is watching. Business lending conditions fell to -1.89% versus +1.71% in Q3 Mortgage lending conditions -10.39% versus -2.86% in the third quarter Non-mortgage lending conditions -1.2% versus -1.53% in the third quarter Tthe business lending conditions is the lowest since Q1 2022 This article was written by Greg…