With this announcement, three of the Big Six now have specialized lending programs
In its first two weeks the program has attracted more than 600 inquiries
The purchase will be funded primarily with existing capital
As central bank balance sheets swelled, non-banks were overshadowed
The agreement would allow eligible individuals affected by the breach to receive payment
The change comes as Covid-19 numbers rise from the omicron variant
The U.S. Federal Reserve calls for improved margin and risk management efforts
Real estate lending volumes have increased at the Big Six
The rate is reviewed twice per year and is tied to the reserves of Canada's largest banks
At the same time, the bank raised its dividend 10%