Canadians May Be ‘Buying Too Much Car’: Moody’s Sounds Alarm On Bank Auto Loans

Much of the focus on ballooning consumer debt has been tied to housing, but a new report from Moody’s Investors Service points to troubling trends when it comes to buying cars. Bank of Canada bids farewell to forward guidance, leaving the market to work things out on its own Comment: Stephen Poloz is frustrated with the…

Canadians may be ‘buying too much car’: Moody’s sounds alarm on bank auto loans

About the Author

Financial Post
The Financial Post delivers all the news and analysis you need to operate in today's competitive business environment. The Post's team of reporters cut through the noise and deliver the facts you need to make the right decisions - fast. If you're looking for incisive business commentary, you'll find it here. The Financial Post boasts Canada's most respected business voices including Terence Corcoran, Diane Francis, Barry Critchley and Theresa Tedesco.