Subprime lending market in Canada skyrockets to record as banks tighten reins

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Subprime lending market in Canada skyrockets to record as banks tighten reins

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Subprime lending market in Canada skyrockets to record as banks tighten reins

Subprime lenders’ share of the Canadian mortgage market has reached record levels, according to data obtained by the Financial Post, putting increased risk on the housing market. Alternative lenders, who are major beneficiaries of that subprime market, now underwrite 2.2% of all mortgage loans – probably not enough to cause any major structural damage to the…

London Value Investor Conference: Joel Greenblatt On Value Investing In 2022

The first London Value Investor Conference was held in April 2012 and it has since grown to become the largest gathering of Value Investors in Europe, bringing together some of the best investors every year. At this year’s conference, held on May 19th, Simon Brewer, the former CIO of Morgan Stanley and Senior Adviser to Read More

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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.
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