‘At the condo side there is probably vulnerability ‘
-Royal Bank CEO Gord Nixon.
There is a risk of a downturn in the housing market and the best hope is for a soft landing; investor owned properties are a cause for concern because there is a build up of supply based on investors expecting there will always be demand
- Bank of Montreal president CEO Bill Downe.
Consumer loan growth could fall to zero
Gerry McCaughey, head of Canadian Imperial Bank of Commerce
“I’d say generally (the U.S) crisis has turned out to be net quite positive for us right across the board because the crisis took out competitors all across the board. In the U.S. we couldn’t have conceived I think of being as successful as we have been absent the crisis”
Toronto-Dominion Bank
CEO Ed Clark.
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