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TD Bank auto loans rise as Scotiabank credit costs ease 

Canadian automotive lending also grows at RBC, BMO in Q3

Johnnie Martinez II

Canada’s largest banks reported a mixed automotive-finance picture in their fiscal third quarters, with TD Bank, Royal Bank of Canada and BMO Financial Group posting higher auto-related loan balances while Bank of Nova Scotia’s retail auto portfolio held flat and credit costs improved.  The disclosures are not directly comparable among the Canadian auto lenders as […]

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