Fitch Ratings survey shows concerns about banks’ credit quality
Issuers would have to get permission to include ratings in registration statements or prospectuses
Central bank contributing to international efforts to review the role and use of external credit ratings
A ‘designated rating organization’ would be required to adopt code of conduct
CSA says rules will address investor protection, market stability concerns
U.S. regulator plans review of rating agency
Rating agency maintains stable outlook
Downgrade reflects uncertainties about the government's financing strategy
Defaults in the current cycle were driven in large part by the forest products sector
But equities markets’ better performance has eased the pressure on these firms greatly