Corporate and government borrowing hits highest level since pandemic
Market has evolved dramatically since the global financial crisis
Foreign investors dump Canadian government debt
Risk-transfer vehicles to perform better now than in financial crisis
Regulators propose best practices for market players
Funding, capital strains and real estate risks underpinned the rating actions
Regulatory, financial and economic headwinds all weigh on deal activity
Credit ratings, outlooks under pressure as challenges mount for U.S. commercial property sector
Risks rising due to higher interest rates, commercial struggles, banking stress
Investors and supervisors need data on underlying assets, regulators say