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Washington DC skyline with Monument Capitol and Abraham Lincoln memorial

Credit rating agency agrees to pay more than US$16 million in penalties

Toronto Skyline at dusk, Ontario, Canada

By reducing its equity capital and increasing debt, CI is reducing its financial flexibility

Flat Illustration concept customer rating on tablets

Moody’s forecasts that the rate will continue to decline for the remainder of the year, finishing at 2.1% vs 2.8% last month

close-up of the top of td canada trust tower building, toronto

U.S. tax reform and the prospect of higher interest rates in both Canada and the U.S. should help boost the bank’s earnings

RBC logo Royal Bank of Canada sign

The credit-rating agency says RBC’s strengths distinguish the bank from its peers in Canada and around the world

Building silhouettes of a city and Canadian flag

Measures to facilitate greater female participation in the labour force could help boost GDP and the government’s fiscal position

Report follows the conclusion of ESMA’s review of the current fee structures in the credit rating and trade repository industries

Modest economic growth, sustained commodity prices will keep corporate revenue on an upward trajectory

Risk mounts for Canada housing: Fitch

The country has many strengths, but it also has the second highest government debt of any “AAA”-rated sovereign

Feds to consider expanded services from banks, fintechs

The credit-rating agency’s expectations of continued government support for the big banks remains unchanged — as do its ratings for the banks