Accelerating Auto Loans Leave Canadian Banks At Risk: Moody’s


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Canadian banks have been hitting the gas on auto loans, leaving consumers and the financial institutions more vulnerable to risk if the economy takes a sudden turn, according to a new report from Moody’s Investors Service. Growth in auto loans has outpaced that of mortgages, credit cards, and personal lines of credit over the last seven…

Accelerating auto loans leave Canadian banks at risk: Moody’s

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