Bank lending standards survey from the Bank of Canada

  • Credit conditions tightened
  • Conditions tightest since 2009
  • Pricing 12.6 vs 5.2 prior
  • Non-pricing conditions 35.2 vs 7.6 prior
  • Tightening in business lending concentrated in oil and gas
  • Full text (pdf)

The greater the number, the tighter conditions are.

Banks are reeling in lending. Conditions are the tightest since 2009.