Alberta finance minister defends debt growth
Credit rating agencies including Moody’s Investor Service and DBRS Ltd. say they are reviewing the province’s ratings
- By: Dan Healing
- March 20, 2017 March 20, 2017
- 14:30
Credit rating agencies including Moody’s Investor Service and DBRS Ltd. say they are reviewing the province’s ratings
Although rising U.S. interest rates are making up part of the lost revenue, cutting costs “rarely lead to increased market share,” report finds
Despite a new review, many changes will remain as insurers have “invested meaningful resources” in preparation, Fitch report suggests
The federal budget is expected to include several measures aimed at improving the performance of the so-called innovation economy
Ottawa is expected to introduce a framework that likely includes higher capital requirements and rules for converting liabilities into common equity
The U.S. resurgence has had negative effects in Canada
New York markets close mixed
New accounting rules will result in “modest” impact to banks’ common equity tier 1 ratios, with only 13% expecting a drop of more than 50%
The stronger-than-expected numbers join other promising reports about the Canadian economy
There are no new taxes, tax increases or program cuts in a budget that promises more money for seniors, health and education
Slow adoption among insurers of technologies for gathering data about customers has “helped leave the door ajar” for others, new report suggests
New York markets finish mixed
Canadian dollar climbs amid a softening greenback and higher crude prices
Although some smaller and mid-size banks may experience an impact on their liquidity, larger are likely to be resilient to capital controls
Jamie Golombek, managing director of tax and estate planning with Canadian Imperial Bank of Commerce's wealth strategies group, outlines the possible impact of the upcoming…
The increase came as income rose by 1.1%, while household credit market debt gained 1.2%
Lower crude prices pull down Canadian dollar
Finance minister promises third consecutive balance budget
The U.K.’s debt as a percentage of GDP would also increase if Scotland votes to separate
Job numbers, firming energy prices and other factors pushing core inflation are key reasons for the move
The latest forecast from the Central 1 Credit Union says the provinces’ economic growth this year will fall far short of the 3.8% expansion recorded…
Toronto market “especially worrisome,” economist says
Most investors anticipate the U.S. central bank will raise short-term interest rates this week
Canopy Growth Corp. will be the first marijuana company to join the index
The U.S. Federal Reserve Board is expected to raise interest rates while Alberta delivers its annual budget