Tag: Financial

Financial Stability in an Uncertain World

We’ve learned from the past In the past few years, changes to mortgage rules, along with higher interest rates, have helped slow the accumulation of debt by Canadians and cooled the housing market. But these are still our biggest vulnerabilities, and we’ll be watching them closely. News – Bank of Canada

Canada’s financial system is resilient amid global uncertainty, Senior Deputy Governor Wilkins says

The Canadian financial system and economy are in good shape to deal with whatever storms might arise from a weakening global context, Senior Deputy Governor Carolyn A. Wilkins said today. In remarks to the International Finance Club of Montréal, Wilkins noted that threats such as the trade war and financial vulnerabilities—which include worldwide debt levels…

Bausch Health reports $49M Q3 loss, raises full-year financial guidance

LAVAL, Que. – Bausch Health Companies Inc. raised its profit and revenue guidance as it reported a US$ 49-million loss in its latest quarter. The drug company, which keeps its books in U.S. dollars, says it now expects full-year revenue in a range from $ 8.475 billion and $ 8.625 billion, up from earlier expectations…