Bank CEOs said to warn feds against spiraling Canada debt – BNN Bloomberg
— Read on www.bnnbloomberg.ca/bank-ceos-said-to-warn-feds-against-spiraling-canada-debt-1.1493767
Tag: Debt
Canadian consumer debt climbs as mortgage balances weigh: Study – BNN Bloomberg
Canadian consumer debt climbs as mortgage balances weigh: Study – BNN Bloomberg
— Read on www.bnnbloomberg.ca/canadian-consumer-debt-climbs-as-mortgage-balances-weigh-study-1.1488937
‘Uncertain times’: Ontario budget deficit projected to jump to $38.5B – BNN Bloomberg
‘Uncertain times’: Ontario budget deficit projected to jump to $38.5B – BNN Bloomberg
— Read on www.bnnbloomberg.ca/uncertain-times-ontario-budget-deficit-projected-to-jump-to-38-5b-1.1479045
Federal deficit swells to to $343B as massive virus aid costs mount – BNN Bloomberg
Federal deficit swells to to $343B as massive virus aid costs mount – BNN Bloomberg
— Read on www.bnnbloomberg.ca/federal-deficit-swells-to-to-343b-as-massive-virus-aid-costs-mount-1.1462439
Ottawa eyes longer-term debt to sustain borrowing binge – BNN Bloomberg
Ottawa eyes longer-term debt to sustain borrowing binge – BNN Bloomberg
— Read on www.bnnbloomberg.ca/ottawa-eyes-longer-term-debt-to-sustain-borrowing-binge-1.1455882
Canada Becomes First to Lose AAA Status at Fitch on Virus Woes – Bloomberg
Fitch Ratings stripped Canada of its AAA status amid a spike in emergency spending for Covid-19, making it the first top-rated country to be downgraded by the ratings agency during the pandemic.
— Read on www.bloomberg.com/news/articles/2020-06-24/fitch-strips-canada-of-aaa-rating-on-worsening-finances
Canada Downgrade Signals Limits to Fiscal Policy, Wiseman Says – Bloomberg
Canada’s downgrade by Fitch Ratings is a reminder that there are limits to what the country can do in fiscal policy, according to Mark Wiseman, the former global head of active equities at BlackRock Inc.
— Read on www.bloomberg.com/news/articles/2020-06-25/canada-downgrade-signals-limits-to-fiscal-policy-wiseman-says
Emergency Virus Spending Will Push Global Debt Ratio Above 100%
(Bloomberg) — Emergency spending by governments to tackle both the health calamity and economic fallout from the coronavirus is set to push the global debt ratio above 100% for the first time.The jump in the burden this year alone is forecast by the International Monetary Fund to be close to 19 percentage
— Read on ca.finance.yahoo.com/news/emergency-virus-spending-push-global-130000786.html
Foreigners are buying up Canadian debt at a record pace – BNN Bloomberg
Foreigners are buying up Canadian debt at a record pace – BNN Bloomberg
— Read on www.bnnbloomberg.ca/foreigners-are-buying-up-canadian-debt-at-a-record-pace-1.1451294
Bank of Canada warns of excess business, household debt – BNN Bloomberg
Bank of Canada warns of excess business, household debt – BNN Bloomberg
— Read on www.bnnbloomberg.ca/bank-of-canada-warns-of-excess-business-household-debt-1.1436354