The Bank of Canada Warns Banks Could Tighten Credit
#bankofcanada #canadianeconomy #canadianmortgagerates The Bank of Canada is warning of new threats stemming from the trade war, saying the banks could pull back credit or tighten lending standards if losses add up. Links: Release of the Financial Stability Report / Parution du Rapport sur la stabilité financière: https://www.youtube.com/watch?v=jQ7J8iJ8u_I Financial Stability Report—2025: https://www.bankofcanada.ca/2025/05/financial-stability-report-2025/ Bank of Canada warns trade war poses financial stability risks: https://www.theglobeandmail.com/business/article-bank-of-canada-trade-war-risk/ Too Big to Fail: https://www.imdb.com/title/tt1742683/?ref_=fn_all_ttl_1 Prices to rise on products, even those without tariffs: expert: prices to rise on products: https://www.ctvnews.ca/world/trumps-tariffs/article/trump-tariffs-will-hurt-the-dollar-and-drive-up-prices-across-the-board-expert/ Trump announces U.S. trade deal with Britain, says ‘final details’ still to come: https://www.theglobeandmail.com/world/article-us-and-uk-trade-deal/ Mark Mitchell – Mortgage Broker London Ontario 920 Commissioners road east London, Ontario N5Z 3J1 Phone: (519)860-2102 (Call or Text) MarkMitchell@LondonOntarioMortgages.ca Brokerage Lic: 10464 Broker Lic: M16001479 https://www.LondonOntarioMortgages.ca – Apply Online!! Youtube Channel: https://www.youtube.com/c/MarkMitchellMortgageBrokerLondonOntario Subscribe NOW for more Mortgage/Financial News/Videos. Follow me on Social Media: Instagram - https://www.instagram.com/mortgagebrokerlondonontario Facebook - https://www.facebook.com/londonontariomortgages Twitter - https://twitter.com/londonmortgage1/ LinkedIn - https://www.linkedin.com/in/mark-mitchell-london-s-mortgage-broker-197842123/ TikTok - https://www.tiktok.com/@mortgagebrokerlondon?lang=en Commentary on this Channel should not be considered financial advice.
