Residents who have filed for insolvency will have more latitude during the pandemic
Consumer proposals led the increase
Banks are also offering mortgage payment deferrals for those struggling due to Covid-19
The feds are asking banks to drop credit card rates in response to Covid-19
With Covid-19 leading to rate cuts, concerns about consumer borrowing may ease for now
The financial sector contributed $87.2 billion of new debt securities during the year
Company debt levels pose a serious challenge
February saw $8.4 billion flow into Canadian ETFs
FTSE Russel reports that the proportion of BBB-rated corporate bonds has grown
So-called zombie firms are increasing in numbers, but aren’t a significant risk to the financial system