It’s almost been the perfect storm for banks in 2016, but the Canadian banks are coming through the turmoil relatively unscathed.
Credit rating company Moody’s Investors Service has downgraded the ratings of six of Canada’s largest financial institutions, citing concerns about rising consumer debt and high housing prices.
It’s almost been the perfect storm for banks in 2016, but the Canadian banks are coming through the turmoil relatively unscathed.
Credit rating company Moody’s Investors Service has downgraded the ratings of six of Canada’s largest financial institutions, citing concerns about rising consumer debt and high housing prices.