
earnings


Scotiabank mortgage growth slows as originations dip in key markets
Scotiabank’s mortgage growth stalled in Q2, with average balances flat from the previous quarter and originations slowing sharply in major housing markets.

TD sees softer mortgage originations as residential mortgage portfolio shrinks
TD Bank reported a decline in residential mortgage volumes in the second quarter of 2025 as housing market activity remained soft and originations through the broker channel moderated.

BMO’s negative amortization mortgages shrink as 1 in 3 renewals see lower payments
More BMO mortgage borrowers are seeing their payments ease, while the number of negative amortization mortgages continues to shrink.

Scotiabank says rate cuts are easing pressure on borrowers, but warns tariffs could stall economic recovery
Scotiabank’s latest earnings show mortgage borrowers benefiting from recent rate cuts, but the bank warns looming U.S. tariffs pose economic risks.

Five things to watch for in the Canadian business world in the coming week
Five things to watch for in the Canadian business world in the coming week:

Canadian Western Bank delays Q4 results release due to legal claim
CWB has announced a delay in the release of its Q4 and fiscal 2024 results due to a legal claim that has impacted the bank’s financial reporting timeline.

Some mortgage borrowers renewing in 2025 to face an average $513 monthly payment increase: RBC
RBC also reported a sharp drop in remaining amortization periods thanks to Bank of Canada rate cuts in the fourth quarter.

Banks head into Q4 with investors looking for better days ahead
The majority of Canada’s big banks are heading into fourth-quarter earnings this week riding high as fears around mortgage defaults and a recession ease.

RBC warns of rising mortgage losses through 2025 with upcoming renewals
BoC rate cuts will ease pressure, but mortgage renewal shocks still loom, RBC says