Surge in trading activity helps offset many negative effects of Covid-19
Current challenges facing large pension funds are generally viewed as temporary
A report from DBRS details a range of economic outcomes, depending on how the pandemic plays out
Final payout condition is contagion rates in developing markets
Canadian shadow bank growth has been robust, stoking systemic risk
Fiscal policy can't end a pandemic, but it can enable the eventual recovery
A strong balance sheet provides capacity to absorb a large negative shock
The rating agency predicts a recovery will be seen later in 2020
Global economic weakness and tumbling oil prices will hit provincial finances
Earnings challenges are mounting, but capital positions remain strong, rating agency says