Archive for February 2nd, 2010
Is the credit crunch ending?
2 February 2010The credit crunch is starting to thaw a snick.
According to data just released by the Bank of Canada, commercial lending had its first uptick month in December ’09. The category is “Business loans to Canadian residents for business purposes”:
December: $191.563 billion
January: $185.679 billion
February: $183.759 billion
March: $184.089 billion
April: $181.811 billion
May: $180.191 billion
June: $177.865 billion
July: $176.164 billion
August: [...]