Five regional banks face rating cut, outlooks downgraded for two others
Retail sales and bank earnings top this week's releases
Rising demand for private credit will boost alt funds' fortunes, Fitch says
Corporate balance sheets face pressure from rising interest costs
High prices and interest rates pose challenges to the home-building and mortgage sectors
Earnings to remain under pressure as the sector faces slow growth and elevated costs
The agency will also be releasing a consolidated T4 slip for FHSA account holders
The 40% tax would apply to profits from the difference between loan interest and interest paid to customers on deposits
Funding, capital strains and real estate risks underpinned the rating actions
Margins, profits to be squeezed as consumer protections boosted