The Bank of Montreal (BMO) is the latest of Canada’s big banks to confirm most of its mortgage clients haven’t yet experienced challenges with their renewals. The comments came as part of the bank’s fourth-quarter earnings results, in which it reported a 12% increase in residential mortgage volumes. Chief Risk Officer Piyush Agrawal said the bank’s delinquency rates remain low at this time, and that just 12% of its portfolio will come up for renewal in the next 12 months. […]