Fitch affirms big six Canadian bank ratings after review
Banks’ strengths are counterbalanced by risk from housing market and increasing consumer debt levels
- By: James Langton
- January 28, 2013 January 28, 2013
- 11:40
Banks’ strengths are counterbalanced by risk from housing market and increasing consumer debt levels
U.S. recovery will benefit Canada’s manufacturing sector
The weak global recovery, and still-elevated sovereign risk for many European banking system may impact ratings
Major earnings disappointment from Apple
Central bank will keep interest rates low longer
Weak volume and sluggish M&A environment likely to hold back revenue growth
Canso exec expects strong corporate bond yields to continue in 2013
Findings underline the need for investors to pay particular attention to the quality of risk disclosures
Delayed recovery in Europe weighs on global growth
Rate announcement, winter monetary policy report coming Wednesday
Pressure from lower consumer spending could intensify house prices decline significantly
U.S. household credit in most major categories has now fallen enough to allow a higher pace of overall economic growth
Canada, along with other countries, could face credit rating downgrades: Fitch
With TSX market potential limited, earnings certainty is gaining in importance
Strong sales add boost to weak economy
Resource sector growth will be slower
Emerging markets hold opportunities for investors willing to take on risk
Jobless rate hit new record high the euro area, but fell in North America and Japan
Underperformance of the U.S. stock market expected to continue
Fund managers shifting money to equities from bonds
Canadian firms look to better sales, more hiring
Economic growth firming in U.S. and Britain
Despite the mildly optimistic outlook for Europe’s economy, many risks remain
Improving U.S. economy would boost Canadian growth