DBRS reports 16 new ABS transactions worth $9.8 billion
Dominion Bond Rating Service has upgraded British Columbia’s credit rating, citing the province’s sound fiscal management and reduced debt burden.Total provincial debt at the end of 2005/05 is forecast at $36.1 billion, a $1.7 billion decline from the previous year. To support its rating upgrade, DBRS cited B.C.’s sound financial and economic position, significant improvements […]
DBRS likes bank’s balanced business mix
Canadian retail franchise will provide earnings stability, agency says
Federal surplus projected to grow despite increase in spending
Reid to head New York team
Reid to be based in New York
Negative outlook for Power group; trend stable for Brascan Financial
Dominion Bond Rating Service Ltd. has confirmed the credit ratings of Industrial Alliance Insurance and Financial Services Inc. and Industrial Alliance Capital Trust, all with continuing stable trends.“As a mid-sized player in an industry dominated by three much larger competitors, IA is still able to compete effectively given its focus on multi-channel distribution and the […]
Dominion Bond Rating Service is concerned about the possible risks that investors in mortgage-backed securities could face from the possible inclusion of so-called “predatory loans.”DBRS says that it believes the inclusion of predatory loans in a transaction raises the risk profile of a transaction, which in turn affects its criteria for rating U.S. mortgage transactions. […]