Digitalization a credit positive for financial firms: Fitch
However, winners and losers may emerge, the rating agency says
- By: IE Staff
- December 23, 2020 December 23, 2020
- 13:58
Only about 30% of Canadian households were debt-free in 2019: StatsCan report
The Canadian economy remains about 4% below where it was pre-pandemic
The S&P 500 slipped 0.2%, pulled down by losses in banks and communications companies
Fourth-quarter growth is expected to drop sharply as Covid-19 cases surge
The December reading is a sharp decline from last month and far worse than economists had expected
An expected recovery in commodities and financials next year could disproportionately benefit the Canadian market
The S&P 500 fell 0.4% Monday, its second straight drop after setting its record on Thursday
Tesla Inc.'s valuation is more than double that of Toyota Motor Corp.
Mutual funds outsell ETFs in November, as equity markets spark gains
Cleantech and environmental sector growing at double the pace of the overall economy
Low-income households would hurt most in the event of further lockdowns, says rating agency
Artificial intelligence is playing a bigger role in banks' tech strategies
But the willingness to take a vaccine varies widely by province
BoC is on track to own about 40% of the Government of Canada bond market by early 2021
Immigration turned negative, leaving Canada with zero growth in Q3
A growing number of investors are trying their hand at day trading
Central bank expects to keep short-term benchmark interest rate near zero through at least 2023
The sales slump is widespread amid pandemic restrictions and supply chain troubles
The wholesale sector is in better shape now than before Covid-19 hit
Hamilton and Moncton are "highly" vulnerable
The PBO estimates an additional $2 billion in cost
Progress on diversity is slow at Canada's most prominent companies
The month's increase in prices beat expectations