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Heavy weight

Highly-indebted countries could face a negative feedback loop

Concept of real estate, mortgage and lease

Equifax Canada finds delinquency rates rose outside those provinces at a slower pace

investment risk

International body says policymakers must guard against complacency amid multitude of threats

Man on dollar cloud

Financial strains continue amid high rates, but recession risk receding

Green planet

Progress toward climate standards may ease greenwashing concerns, ICMA says

credit card concern

Robust consumer spending is fuelled by credit growth, report says

empty wallet

Rising defaults a symptom, not the cause, of macro stress, Moody's finds

A man in a suit walking up concrete steps.

Banks, insurers tend to benefit from higher rates even as financial stress builds, rating agencies say

Economists say the strain is not likely to spill over into the broader economy

  • By: Ken Sweet
  • February 5, 2024 February 5, 2024
  • 11:10

Surge reflects struggle with pandemic debt, higher interest rates