000	00000nam 2200000zi 4500
001	9.872980
003	CaOODSP
005	20250821075116
006	m     o  d f
007	cr cn|||||||||
008	190514t20192019onca    ob   f000 0 eng d
040	|aCaOODSP|beng|erda|cCaOODSP
041	0 |aeng|beng|bfre
043	|an-cn---
086	1 |aFB3-7/2019-14E-PDF
100	1 |aAl-Mqbali, Leila, |eauthor.
245	10|aReassessing the growth of HELOCs in Canada using new regulatory data / |cby Leila Al-Mqbali, Olga Bilyk, Stefan Caputo and James Younker.
264	1|aOttawa, Ontario, Canada : |bBank of Canada = Banque du Canada, |c[2019]
264	4|c©2019
300	|a1 online resource (ii, 5 pages) : |billustrations.
336	|atext|btxt|2rdacontent
337	|acomputer|bc|2rdamedia
338	|aonline resource|bcr|2rdacarrier
490	1 |aStaff analytical note = Note analytique du personnel, |x2369-9639 ; |v2019-14
500	|aCover title.
504	|aIncludes bibliographical references.
520	3 |a"Using new regulatory data on residential secured lending from Canadian banks, we assess the growth rate of home equity lines of credit (HELOCs). The new dataset is the first of its kind to provide information on individual components of combined mortgage-HELOC plans. These combined plans are an increasingly popular credit product. We find that the credit growth has been concentrated in the amortizing mortgage component of the combined plans rather than the non-amortizing HELOC component. In addition, the total outstanding balance of HELOCs has contracted over the past year, which is consistent with rising interest rates and a slowdown in the growth of household consumption"--Abstract, page ii.
546	|aIncludes abstracts in English and French.
692	07|2gccst|aMortgage loans
700	1 |aBilyk, Olga, |eauthor.
700	1 |aCaputo, Stefan, |eauthor.
700	1 |aYounker, James, |eauthor.
710	2 |aBank of Canada.
830	#0|aStaff analytical note (Bank of Canada)|v2019-14.|w(CaOODSP)9.807323
856	40|qPDF|s414 KB|uhttps://publications.gc.ca/collections/collection_2019/banque-bank-canada/FB3-7-2019-14-eng.pdf