TD says firms banked recent high profits, bolstering balance sheets
Rate hikes make it harder to pay off debt
Obstacles remain, but companies were less worried in early 2023
Shifts in the composition of debt may slow down the effects of tightening, paper says
Global policy group details priorities ahead of G20 meeting later this week
Increases in bankruptcy and debt restructurings reflect rising pressures, alongside normalizing numbers, TD reports
Mortgage debt growth slowed in 2022, credit card debt accelerated
Construction, accommodation and food services saw the biggest increase in insolvencies
Amid growing challenges, Canadian banks still well positioned to absorb headwinds
Mortgage debt growth remains sluggish alongside weaker housing markets, StatsCan finds