Economy

Bank of Canada survey reveals uncertainty for employers, consumers

The outlook for growth in household income dropped to its lowest level in the survey's history

By Jordan Press, The Canadian Press |July 6, 2020

3 min read

Expect an increase in mortgage defaults

Layoffs and reduced wages will lead to financial hardship for many, DBRS warns

By James Langton |July 3, 2020

2 min read

Don’t expect ratings to stabilize this year, Fitch warns

More than one third of corporate credit ratings have a negative outlook, the agency finds

By James Langton |July 3, 2020

1 min read

Don’t let low insolvency numbers fool you

A report says the numbers are out of sync with the financial struggles many are facing

By James Langton |July 2, 2020

2 min read