Outlook on banks dimmed by deep downturn: Fitch
Economic disruption comes amid record high debt levels
- By: James Langton
- April 6, 2020 April 6, 2020
- 15:14
Many worry they won't qualify based on the current criteria
Insolvencies also rose year over year
The TSX closed down 159.54 points on Friday
The road back to corporate profitability could be a long one
Canadian shadow bank growth has been robust, stoking systemic risk
A “deep liquidity crunch” caused bond ETFs to trade at a discount to NAV
Reports on sales and assets offer initial glimpse of industry impact
The S&P/TSX composite index closed up 221.36 points on Thursday
The reports cover GST, the Canada Child Benefit and reduced RRIF withdrawal amounts
Regulatory relief has positive and negative consequences
Data collection affected by the pandemic, StatsCan says
Corporate earnings could see the biggest impact from the pandemic in Q2
The TSX closed down nearly 4% on Wednesday
Global debt markets set records, while equities were down as volatility erupted
Fiscal policy can't end a pandemic, but it can enable the eventual recovery
The S&P/TSX composite index closed up 2.6% on Tuesday
New tool forecasts 1 million infections by Friday
A strong start in January quickly evaporated
February data shows early effects of Covid-19 on prices for raw materials, industrial products
Since January, the pandemic and a collapse in oil prices have significantly affected the economy
Research sees index funds taking over as asset growth slows