Outlook brightens for U.S. junk debt: Fitch
The rating agency cut its default forecast based on refinancings and an economic recovery
- By: James Langton
- January 20, 2021 January 20, 2021
- 16:42
Corporate social responsibility didn't result in better stock market performance
Plans for RRSP contributions remain consistent despite the pandemic
Air transportation prices fell 14.5%
The purpose of the corporation is undergoing a fundamental transformation
Excluding capital gains from income gives "a truer picture" of who pays the tax, according to a Fraser Institute report
Low-paying jobs have disappeared, while high-paying jobs have increased dramatically
Current crisis unusual as insolvencies dropped despite severe economic shock
MNP's Consumer Debt Index recorded its lowest score since it started measuring in 2017
Portfolio inflows resumed in November, StatsCan reports
A quarterly survey shows entrepreneurs are the most optimistic since the pandemic began
Growth in the three months ending in December rose to 6.5% over a year earlier
December sales were up 47.2% compared with a year earlier
They fell for a third straight month amid a surge in virus cases
New all-time highs for sustainable debt, equity issuance
Consumer spending at year-end returned to springtime lows
After slumping last year, payouts expected to grow 6.5% in 2021
The yield on the 10-year Treasury briefly hit 1.18% earlier this week
Jobless claims reach highest levels since August
The government's shortfall is a record-breaking $572.9B
TD Economics explains why the drop in business insolvencies isn't good news
The increase was the largest in four months