Loan-Loss Reserves Dropping For Mortgage Lenders, But Second-Wave Uncertainty Looms


## [Loan-loss reserves dropping for mortgage lenders, but second-wave uncertainty looms: Geoff Zochodne](https://financialpost.com/news/fp-street/loan-loss-reserves-dropping-for-mortgage-lenders-but-second-wave-uncertainty-looms)
> Improved economic forecasts are allowing Canadian mortgage lenders to reduce loan-loss reserves built up due to the coronavirus pandemic, even as a second wave of COVID-19 adds new uncertainty to the picture. The trend was on display Wednesday, wh…
## [Telus digs into agriculture as it diversifies its revenue: Financial Post Staff](https://financialpost.com/telecom/telus-embargo)
> Telus Corp. is putting a push on its agriculture business after making a series of acquisitions that will help diversify its revenue and use its telecommunications networks to power farming and food technologies such as autonomous tractors and soil sensors. …
## [Zoho Announces Partnership With Tata Consultancy Services - Clinton News Record: ](https://financialpost.com/pmn/press-releases-pmn/business-wire-news-releases-pmn/zoho-announces-partnership-with-tata-consultancy-services)
> Zoho forms strategic partnership with TCS to provide end-to-end business solutions to global enterprise and mid-market companiesCHENNAI, India & AUSTIN, Texas — Today, global technology c…
## [Mortgage rates could be heading higher for first time in pandemic: Victor Ferreira](https://financialpost.com/news/economy/mortgage-rates-could-be-heading-higher-for-first-time-in-pandemic)
> Five-year fixed mortgage rates could be set to increase as early as this week for the first time since COVID-19 led to a  100-basis-point decline, according to multiple Canadian brokers who say lenders have warned them of the potential hikes. Five-year fixe…
## [Why Ontario's auto industry is undergoing a rebirth: Larysa Harapyn](https://financialpost.com/transportation/autos/why-ontarios-auto-industry-is-undergoing-a-rebirth)
> Flavio Volpe, president of Automotive Parts Manufacturers’ Association, speaks with Financial Post’s Larysa Harpyn about the upbeat outlook for the automotive sector.

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