Commercial loan decrease has funded growth in consumer debt

According to data just released by the Bank of Canada, commercial lending restarted its swoon in January 2010. 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: $175.318

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