Big Four Canadian life insurers report near-record profits for 2022, DBRS says
Getting inflation back to 2% “has a long way to go,” Fed chair tells senators while analysts raise spectre of a half-point hike
Revenue growth across major business segments was outpaced by rising costs
Less diversified, riskier loan portfolios leave banks more vulnerable to downturn
Deal-makers have yet to fully adjust to prevailing economic conditions
The Statscan report showed a grimmer economy than forecasters expected as higher rates took a toll
Foreign investor interest in domestic bonds comes as the Bank of Canada is shedding its bond holdings
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
But Fed board member says current environment differs from past inflationary periods in four ways