Low Oil Prices To Hurt Canadian Banks More Than U.S. Counterparts

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Low oil prices to hurt Canadian banks more than U.S. counterparts

A protracted period of low oil prices will negatively impact Canada’s major banks more than it will their regional neighbours to the south, says Moody’s Investor Services. “For Canada’s major banks, the credit costs on energy-sector loans would rise if oil prices were to remain low for too long, which would hurt the banks’ profitability,” said…

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Morningstar Investment Conference: What To Do During The Fed Rate Hiking Cycle

Federal reserveThe U.S. Federal Reserve is treading carefully with raising rates amid the widespread economic, macro and geopolitical uncertainties sweeping around the world. The Fed raised its target level as high as 20% in the early 1980s to deal with runaway inflation, but we're a far cry from that today — a time when inflation threatens Read More

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