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Company: National Bank Financial

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Closeup of mallet being hit on stacked coins at table in courtroom

Former rep admitted to misappropriation

Building under construction

Population growth must slow sharply before productivity can improve, report says

Coin stacks

Equity issuance surged 37% in 2023; debt up 19% from previous year

outline of people

Without a surging population, inflation may already be under control, NBF report suggests

Consumer concerns

Inflation-adjusted credit declined for first time since 1990s recession, according to National Bank Financial

As yields surged last month, investors moved into longer-duration bond funds, National Bank says

Stealing money

Ex-NBF rep admitted to misappropriating clients' funds, as well as other violations

A three-dimensional composition, a red arrow, breaks through the brick wall and can be used in any design

BMO tops equity league tables, RBC leads debt rankings

foreign country with stock market data

Issuance weakest since 1995 as IPOs, structured products and preferred issues were all scarce

Lots of smoking chimneys in a dark environment

Report highlights an unwelcome side effect of strong population growth