Fitch revises outlook for Canadian banks upward
Canada’s banks’ strong fundamentals mean that the risks they face should be manageable heading into 2017
- By: James Langton
- December 6, 2016 December 6, 2016
- 12:30
Canada’s banks’ strong fundamentals mean that the risks they face should be manageable heading into 2017
Global economic growth is likely to improve in the short term as political leaders move away from austerity and into providing fiscal stimulus, new report…
However, export volumes continue to track year-on-year declines
The credit-rating agency cites the interest rate environment and the political climate as key reasons for changing its outlook to negative
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Interest rate announcement, BMO earnings on deck
An aggregate decline in effective fee rates was driven by the largest managers
Fidelity global survey finds that most institutional investors will increase their allocations to illiquid alternatives, domestic fixed-income and cash
The OPEC commitment by itself could end oil oversupply, starting in the first quarter of 2017
The credit-rating agency expects to see a recovery in investment to drive 1.9% real gross domestic product growth for Canada in 2017
The government’s forecast for both personal income tax and corporate tax revenue is “significantly higher” than its projection
The impact of changes in U.S. economic policies remains highly uncertain
The subject of the complaint will be able to make submissions and request a hearing before a fine is imposed
A total of 16 deals worth $1 billion or more represented a combined value of $115.4 billion
Trump’s pledge to renegotiate NAFTA and rising interest rates south of the border could have negative consequences north of the border
Resource, tax revenues fall
The firm also recommends selling high-grade bonds and investments in education, energy efficiency and the emerging-market health-care sector
Donald Trump’s election victory could lead to greater short-term growth, but higher risks exist in the long term
Retail sales were up in eight provinces
Craig Fehr, principal, investment strategist, at Edward Jones, discusses the impact of President-elect Donald Trump’s proposed policies on Canada in three key areas: energy; interest…
Economists had expected a gain of 0.4% from the previous month
The ongoing turmoil in the resources sector is having an “outsized impact on the independent investment banks,” a new report suggests
An improving U.S. economy has strengthened the case for a rate increase sooner rather than later
However, 2016 has been relatively slow for private equity given the “high relative valuations in the current environment”
Prolonged low interest rates are leading to a buildup in debt and deterioration in credit quality, Moody’s report finds