Canada stays AAA as economy bounces back: DBRS
Government finances seen recovering alongside GDP, policy tightening
- By: James Langton
- March 11, 2022 March 11, 2022
- 14:17
Surging costs for gas, food and housing propelled the increase
In many cases, supply issues are only partly related to the Ukraine conflict
The U.S. imported almost 700,000 barrels per day of crude oil and petroleum products from Russia in 2021
Banks lag on pay equity and executive roles for women, DBRS reports
The Canadian dollar's fortunes are more tied to interest rates
Average credit card spending for the period was higher than ever
Canadian equities, loonie and government revenues to get a lift from rising prices
Scotia Economics calls for action to dismantle internal trade barriers
Sanctions pose little direct impact, but harm could be felt at the macro level
Insolvencies declined, led by a drop in bankruptcy declarations and a dip in consumer proposals
Russia constitutes about 3% of MSCI's emerging markets benchmark
ETF expert Daniel Straus likens the delisting to "what would happen to your holdings in a single company if it suddenly went bankrupt"
Deal value at near-record levels to start 2022, Refinitiv says
The widely expected quarter-point increase is the central bank's first interest rate hike since October 2018
The smaller the firm, the higher the impact of women directors on financial metrics
The economy held up better than many expected through the omicron wave, providing justification for rate hikes
The potential removal of Russian listings from MSCI indexes would challenge the fund industry