Global economy takes harder hit: Fitch
The rating agency has cut forecasts due to longer, more painful lockdowns
- By: James Langton
- April 22, 2020 April 22, 2020
- 13:36
Will Canada see a V-, U- or L-shaped recovery from Covid-19?
The coronavirus outbreak has significantly slowed market activity
The TSX closed down 3.1% on Tuesday
In Canada, VC investment was already weak in Q1
Reports from BMO and the C.D. Institute look at the post-crisis economy
Surge in trading activity helps offset many negative effects of Covid-19
Operations are coping well but human effects pose a bigger obstacle
Metropolitan areas in Central and Eastern Canada are most likely to hit the brakes hardest
Liquidity mismatches, pricing uncertainty driving redemption shutdowns
Mental health concerns associated with job security fears
Energy and finance stocks lead TSX to 460-point gain
Current challenges facing large pension funds are generally viewed as temporary
Equity index derivatives trading jumped more than 60% in the quarter
Almost 40% of employees now work from home, up from about 10%
The TSX closed down 59.26 points on Thursday
A report from DBRS details a range of economic outcomes, depending on how the pandemic plays out
However, if brand trust is weak, only 16% of investors say they'll stay loyal
The TSX closed down 299.85 points
Solid Q1 likely to be followed by a lengthy drought for deals
The coronavirus pandemic brought Canadian business to a standstill
The TSX closed up 182.49 points on Monday