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Canada’s economy is expected to contract 5.9 per cent in 2020 before expanding to 5.4 per cent next year, senior economist Satyam Panday said in a report.
(Bloomberg) — S&P Global Ratings revised its projections on Canada’s economic and fiscal outlook for 2020 and next year while maintaining its top credit rating on the nation’s…
Also: British Columbia ends ban on visits to term care residents

The V-shaped economic recovery is just an illusion

02:00pm, Wednesday, 01'st Jul 2020
What we are witnessing now is the economic equivalent of a person's bounce off a trampoline after a 1,000-foot cliff dive.
Moody’s Investors Service says its didn’t take any ratings action on Colombia, contradicting statements by the government that it affirmed the nation’s Baa2 credit rating on Tuesday.
Indian banks are likely to require at least $15 billion in fresh capital to meet a 10 per cent weighted-average common equity tier-1 ratio under a moderate stress scenario
Neenah, Inc. has entered into a term loan credit agreement, providing a term loan B facility of seven years in the amount of $200 million. Neenah also announced that it is calling its outstanding 2021
The coronavirus pandemic is “not even close to being over,” according to the head of the World Health Organization, and the worst is still to come, in what...
The amount could rise to about $58 billion in a high-stress situation where the domestic economy fails to recover from the coronavirus pandemic-related disruption.
The crown prince’s grand transformation plan is under pressure and the financial industry is key to making it happen.
As if the Covid-19 pandemic wasn’t enough, traders and investors also had to grapple with the resurgence in US-China tensions and a collapse in oil prices, condemning developing-nation stocks, curre
Fitch Ratings, the US-based rating agency, downgraded India GDP growth forecasts for the next fiscal year (FY), i.e., for FY 2021/22. Key quotes
Emerging markets endured a tumultuous first half as the Covid-19 outbreak made the start of 2020 one of the most unpredictable in decades.
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