Scotiabank CEO: 'Took Foot Off Gas' for Canada Mortgages

The video discusses the year-over-year performance, highlighting the importance of examining both assets and liabilities on the balance sheet. It raises concerns about housing prices in Vancouver and Toronto but notes Canadians' ability to self-regulate. The video also covers trends in auto lending and regional mortgage declines, particularly in Alberta. Finally, it explains the strategy of moderating mortgage growth while maintaining strong credit quality.

What is a key factor to consider alongside asset growth on a balance sheet?

• Employee satisfaction

• Revenue generation

• Indebtedness

• Market share

Which cities are mentioned as having concerning housing prices?

• Montreal and Ottawa

• Calgary and Edmonton

• Vancouver and Toronto

• Winnipeg and Halifax

What ability have Canadians demonstrated in financial matters?

• Ability to reduce taxes

• Ability to self-regulate

• Ability to increase spending

• Ability to diversify investments

What trend was observed in the mortgage book?

• Rapid growth

• Slight decline

• Stagnation

• Significant losses

In which region was softer mortgage growth observed?

• Ontario

• Quebec

• Alberta

• British Columbia