Economy making progress, but risks remain: BoC
Prospective policies put at risk the progress made in recent decades to liberalize trade and foster economic integration
- By: The Canadian Press
- March 21, 2017 March 21, 2017
- 14:50
Prospective policies put at risk the progress made in recent decades to liberalize trade and foster economic integration
The credit ratings agency will provide its insurer ratings on MSA’s analytical platform and reports
The increase stands in contrast to the corporate bond sector
The data follows recent stronger-than-expected results for wholesale and manufacturing sales, trade and job creation
U.S. indices remain flat
The provincial budget is to be tabled Wednesday
A new report suggests that uncertainty about political developments in Europe could trigger abrupt swings in financial asset prices this year
Credit rating agencies including Moody’s Investor Service and DBRS Ltd. say they are reviewing the province’s ratings
Although rising U.S. interest rates are making up part of the lost revenue, cutting costs “rarely lead to increased market share,” report finds
Despite a new review, many changes will remain as insurers have “invested meaningful resources” in preparation, Fitch report suggests
The federal budget is expected to include several measures aimed at improving the performance of the so-called innovation economy
Ottawa is expected to introduce a framework that likely includes higher capital requirements and rules for converting liabilities into common equity
The U.S. resurgence has had negative effects in Canada
New York markets close mixed
New accounting rules will result in “modest” impact to banks’ common equity tier 1 ratios, with only 13% expecting a drop of more than 50%
The stronger-than-expected numbers join other promising reports about the Canadian economy
There are no new taxes, tax increases or program cuts in a budget that promises more money for seniors, health and education
Slow adoption among insurers of technologies for gathering data about customers has “helped leave the door ajar” for others, new report suggests
New York markets finish mixed
Canadian dollar climbs amid a softening greenback and higher crude prices
Although some smaller and mid-size banks may experience an impact on their liquidity, larger are likely to be resilient to capital controls
Jamie Golombek, managing director of tax and estate planning with Canadian Imperial Bank of Commerce's wealth strategies group, outlines the possible impact of the upcoming…
The increase came as income rose by 1.1%, while household credit market debt gained 1.2%
Lower crude prices pull down Canadian dollar
Finance minister promises third consecutive balance budget