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BoC Senior Loan Officer Survey – 1030ET

CANADA
  • Not shown on the Bloomberg calendar, it’s worth noting that the BoC’s Senior Loan Officer is released today at 1030ET although it’s only taken near the end of Q2 so isn't the most timely.
  • The Q1 report showed a particularly sharp tightening in mortgage lending conditions (and specifically on price terms) that exceeded what was seen during the pandemic, whilst non-mortgage and business lending tightened further but remained within pandemic balances.
  • It lands in a light docket ahead of tomorrow’s CPI release, the last before the BoC decision on Sep 6 with circa 7bps priced.

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