Credit card performance picks up, yet strains remain
The upcoming results, which kick off Thursday when TD reports, will cover the three months to the end of July
Asset quality, capital expected to remain strong
Other forms of borrowing decline, led by HELOCs
In June, monthly filings returned to pandemic heights
Weaker labour market, still-high interest rates and dwindling savings to crimp consumer spending
Fund manager survey finds investor sentiment growing gloomy
HELOCs, credit card balances grow faster than mortgage debt, StatsCan reports
Easing financial pressures are expected to slow decline in credit quality, boost loan demand
Market has evolved dramatically since the global financial crisis