Corporate Canada’s low debt levels will lessen pain of rate hikes: CIBC World Markets Inc.
Author: // Category: Mortgage TORONTO, Ontario, April 29, 2010 — At a time when Canadian consumers are sitting on record levels of debt, the country’s corporate sector finds itself facing the opposite situation with its debt levels at record lows. This puts Corporate Canada in a strong position to withstand future interest rate hikes, finds a new report from CIBC World Markets Inc.
The report notes that corporate …
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Corporate Canada’s low debt levels will lessen pain of rate hikes: CIBC World Markets Inc.
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