Fitch boosts outlook for Ontario
Despite budget challenges, the province can still absorb a moderate economic and revenue shock, the agency said
- By: James Langton
- May 29, 2019 October 31, 2019
- 15:15
More than one-third don't have access to a financial professional
The number of deals is down from the previous quarter, but the value of transactions has increased
Investors are turning to the funds for their flexibility, cost efficiency and user friendliness
Key sectors offset defensive gains on Tuesday
Optimism reflects a healthy job market
Coverage is declining as more Canadians need to take time off
‘Mega deals’ carried VC, while high valuations hurt PE deals
The earnings miss was driven by higher provisions for credit losses
S&P/TSX composite index closed up 116.62 points on Monday
Equities and bonds have both posted strong results this year
Real estate is a popular exposure, but lags behind in performance satisfaction
The report also argues for a basic income to address poverty in the disability community
But crude oil had its worst week of the year
The report argues that affordability of mortgage debt proves the stress test is working
Trade angst and a drop in the price of oil fuelled the decline
Most Canadian companies expect revenue growth of more than 10% this year
The paper argues that classic DB and DC plans fall short of their goals
IFIC reported that mutual funds saw net redemptions in April, with $1 billion flowing out of the sector
The energy, metals and mining and financial sectors all took a hit on Wednesday
Report finds half of investment managers are using alternative data
Retail banking losses were offset by wealth management gains
Sales at gas stations increased by 6%
The S&P/TSX composite index closed up 24.72 points on Tuesday
IFRS 17 is intended to improve the visibility of firms' earnings