Archive for February 27th, 2010
Commercial loan decrease has funded growth in consumer debt
27 February 2010According 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 billion
September: $172.652 billion
October: $172.592 billion
November: $169.928 billion
December: $170.930 billion
January: [...]