U.S. private credit defaults rise: Fitch
Corporate cash flow, liquidity under pressure amid deteriorating fundamentals
- By: James Langton
- June 18, 2025 June 18, 2025
- 14:05
Credit card balances decline for the first time since late 2024, agency reports
BoC governor urges firms to look beyond U.S. as trade tensions and tariffs threaten growth
Auto exports to U.S. plunge nearly 25% as talks stall over escalating Trump tariffs
This marks the slowest increase since 2020 amid continued reductions in immigration levels
Stubborn food inflation and global uncertainty cloud outlook
Pace of hiring has slowed to 124,000 jobs a month from 168,000 last year
Economic impact of natural disasters goes beyond short-term, hurts investment, productivity, RBC economists say
Wide range of proposals, from market structure to broker conflict issues, dropped
One-fifth of those polled said they're putting more money aside due to geopolitical instability
Policymakers cited unpredictable U.S. trade policy, inflation in holding rate at 2.75%
Wage growth slowing as unfilled job numbers return to pre-pandemic levels: Statistics Canada
April saw largest monthly divestment from domestic bonds since 2018
Changes reflect higher spending on housing and vehicles
Fintechs warn delays risk stalling innovation, prolonging risky data-sharing
Unemployment and inflation remain low, but uncertainty around trade levies remains
Auto sales saw the sharpest decline, followed by spending at home and garden centres
Shipments to China rose 22% in the first half of 2025
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Pickup from April may signal start of turnaround in housing: CREA economist
Promotions boosted May retail sales, but exports and housing slumped
Urban starts held steady at just under 260,000
Trade war anxieties ease, but sentiment is still down 20% from late 2024
Infrastructure, equities and credit investments boost PSP performance