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 concerns are mentioned regarding housing prices in Canada?

How have Canadians demonstrated their ability to self-regulate in financial matters?

What trends were observed in the mortgage book according to the text?

What is the overall sentiment regarding the credit quality of the mortgage book?

What factors contributed to the decision to slow down mortgage growth?