Canada's business lending market has been frozen in regulatory amber since shoulder pads were fashionable. Still, OSFI's Peter Routledge just fired the shot that could finally thaw the $18 trillion SME financing desert. Here’s why you should be paying attention to the risk-weighting recalibration conversation (don’t change the channel yet!).
The Net-Zero Banking Alliance is undergoing a fundamental restructuring that could reshape how global banks approach climate commitments. Here's what's happening and why it matters for Canadian financial institutions.
By Chris Grimes, CEO of FundMore
By Chris Grimes, CEO of FundMore
With mortgage interest rates at their highest levels in recent years, the mortgage banking industry is facing a period of hesitancy among prospective borrowers and existing clients alike. This is a time when lenders and brokers must do everything in their power to ensure that the pace of mortgage applications does not slow down too much, but they also need to watch their mortgage pull-through rates.