BMO sees rise in loan losses, but says mortgage clients remain “resilient”

BMO reported rising loan losses in the first quarter and anticipates a further increase before conditions improve in the second half of the year with expected Bank of Canada rate cuts. 

BMO reported rising loan losses in the first quarter and anticipates a further increase before conditions improve in the second half of the year with expected Bank of Canada rate cuts.  Mortgage Rates & Mortgage Broker News in Canada 

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