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by bcrl
2189 days ago
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Canadian banks are incredibly risk averse, and programs like CSBFP have so many strings attached that make it almost useless for certain sectors. Trying to fund infrastructure (rural FTTH) has been an exercise in futility with most Canadian banks. 75-85% loan to value ratio on fibre builds makes no sense considering the assets have 30+ years of life after being paid off in 3-4 years. But hey, we love real estate! |
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