Report shows progress made from June 2011
Bank’s reluctance to sell non-traditional mortgages will reduce availability of credit to many borrowers
Core principles for effective banking supervision endorsed by global bank supervisors
Approval would allow mortgage lender to broaden its product line into other forms of consumer lending and related services
Banks can adapt without actions that would harm the wider economy
Enhanced focus on institutional investor business
Rebound won’t last as M&A business remains sluggish and weakness in equity underwriting is expected to continue
Despite strong Q3 results, ‘Big Six’ banks face headwinds
Legacy issues from financial crisis will take years to resolve: Moody’s
Fragmented process doesn’t serve Canadians well, Consumers Council argues