CA new report from CIBC World Markets Inc. notes that while Canadian consumers are sitting on record levels of debt, Canada’s corporate sector finds itself facing the opposite situation with its debt levels at record levels. The report notes that corporate debt service payments are equal to about 30% of total operate earnings today against
Posts Tagged ‘household sector’
Canada leads recovery in the G7
Canada is expected to have a stronger economic rebound next year than the United States and other Group of Seven countries due to the ability of Canadian households taking advantage of low interest rates predicts CIBC World Markets. CIBC notes that Canada’s economy will be slow to recovery, but its 2% growth next year will










