The large pool of long - term Canadian dollar investment capital will still be managed by those with experience and expertise in
the Canadian dollar debt markets.
These dealers have essentially sold
Canadian dollar debt to foreigners.
As foreign issuance in Canadian dollars fluctuates with funding costs and foreign investors move in and out of
Canadian dollar debt, the result will be more volatility of credit spreads.
The dominant position of Canadian investment banks in the Canadian debt markets will be eroded by increased investment by Canadians in the bonds of foreign issuers and increased issuance by foreign entities in
the Canadian dollar debt markets.
Foreigners have typically purchased
Canadian dollar debt as a currency play.
Not exact matches
TORONTO, May 1 - The
Canadian dollar fell to a four - week low against its U.S. counterpart on Tuesday before paring its decline, as Bank of Canada Governor Stephen Poloz said the outlook for the domestic economy is good despite the overhang of high household
debt.
It also comes at a time when tech companies have been active
debt issuers, including a debut offering from Tesla on Aug. 11, and Apple announced Tuesday its first
Canadian -
dollar debt sale.
Of course, rock - bottom rates and a strong
Canadian dollar, he added, are the opposite of what the
Canadian economy needs right now in order to kick its current addiction to household
debt and condos and switch to a more sustainable growth model fuelled by exports and business investment.
As Tamsin McMahon wrote a couple of weeks ago in Maclean's,
Canadians owe an average of $ 1.53 for every
dollar they earn — just below where American
debt stood when housemageddon hit south of the border.
While foreign interest in the loonie bodes well for
Canadians who shop south of the border, it will also jolt Canada's fixed - income markets as reserve managers buy liquid
debt securities with the
Canadian dollars they own.
The PBO identified four key downside risks to the private sector forecast: global growth, especially in the U.S. could be slower than anticipated; the appreciation of the
Canadian dollar could adversely affect exports; sovereign
debt issues in Europe could restrain recovery there and put upward pressure on global interest rates; and the high level of household
debt in Canada could restrain domestic demand.
Today, it's perched atop global currency markets as Canada wins acclaim for its economic outlook and handling of the public
debt, a point driven home Wednesday when a Russian Central Bank official confirmed that the
Canadian dollar would be added to its international reserves.
While the average
Canadian now owes $ 1.62 in
debt for every after - tax
dollar they earn (a number that keeps...
Household
debt continues to hit record highs, with
Canadians owing $ 1.67 for every
dollar of disposable income they earned at the end of the third quarter of 2016.
Canadians have $ 1.65 in
debt for every
dollar they earn, a ratio that makes policymakers shudder.
According to Statistics Canada,
Canadians now owe $ 1.67 for every
dollar of disposable income and Canada's total consumer
debt is now at a sky high $ 2.03 trillion.
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That means, on average,
Canadians owed $ 1.67 in credit market
debt — mortgages, other loans and consumer credit — for every
dollar of disposable income.
However; how do you advise retired
Canadian non-snowbirds concerned about the US printing money to «help» with their
debt load (thereby de-valuing the US
Dollar aganst the
Canadian Dollar)?
Canadian Dr. Networth The Loonie Doctor Financially Free MD American A Good Life MD Crispy Doc Dads
Dollars Debts Dr. McFrugal DiverseFI Doctor of Finance MD Dr. Cory Fawcett Millionaire Doc Passive Income MD Physician on Fire The Happy Philosopher The Wall Street Physician WealthyDoc
Household
debt continues to hit record highs, with
Canadians owing $ 1.67 for every
dollar of disposable income they earned at the end of the third quarter of 2016.
According to Statistics Canada,
Canadians now owe $ 1.67 for every
dollar of disposable income and Canada's total consumer
debt is now at a sky high $ 2.03 trillion.
The bonds held are U.S.
dollar denominated sovereign
debt from emerging market issuers, and the currency is hedged back to
Canadian dollars.
The household
debt numbers are rising across the United States and Canada, and
Canadians are leading in indebtedness with a
debt - to - income ratio at a record 1.71 % — so for every
dollar of household income there is $ 1.71 in credit
debt.
The lineup includes TD
Canadian Aggregate Bond Index ETF, which tracks an index that measures the investment return of
Canadian dollar - denominated, investment - grade, publicly issued
debt.
Doesn't this mean that if I have mortgage
debt of a million
dollars, and I am part of those 8 % of
Canadians, my gross income is under $ 285,000 (annually I presume).
Who cares about 8 % unemployment, the flatlined economy, abandoning Americans to die in Bengahzi, Joe Biden's buffonery, fast & furious, national
debt, USA credit downgrade, trillion
dollar annual budget deficits, deliberate sabotage of the coal industry, ACORN, failed foreign policy (Iran with nuclear weapons, bowing to China, stiffing U.K and Israel, etc) abysmal people judgement (Biden again, plus H. Clinton, T, Geithner; K. Sebelius; E. Holder, etc), stopping the pipeline for
Canadian oil, blocking drilling in US land, secret «kill lists», ObamaCare, attacking religious liberty, you didn't build that, unseemly chest - pounding over bin Laden (GM is dying but bin Laden is coming back to life), 20 years of Jeremiah Wright, failure of crony capitalism deals with Solyndra - NextEra — Ener1 — Solar Trust etc., over 100 rounds of golf in 1st 3 yrs, choom, the Chevy Volt, insisting the Ft Hood massacre was «workplace violence», secret college transcripts, «clearly the Boston police acted stupidly», disregard of the Simpson - Bowles budget recommendations (after commissioning their work), and lots more irrelevant stuff.