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BOC senior loan officer survey for Q4: -1.89% versus +1.71% prior
BOC
This is a lower-tier indicator but something the Bank of Canada is watching.
- Business lending conditions fell to -1.89% versus +1.71% in Q3
- Mortgage lending conditions -10.39% versus -2.86% in the third quarter
- Non-mortgage lending conditions -1.2% versus -1.53% in the third quarter
Tthe business lending conditions is the lowest since Q1 2022
Source: Forex Live
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