Corporate gearing ratios remain conservative by historical standards and
debt servicing costs remain low, reflecting the relatively low level of interest rates.
Not exact matches
Interest rates
remain low, corporate balance sheets generally
remain strong and
debt -
service costs appear manageable.
Although household indebtedness
remains a major risk to financial instability in Canada, low interest rates have kept
debt servicing costs low by historical standards.
The College
Cost Reduction and Access Act, 9/2007, helps public
service lawyers in two main ways: It lowers monthly student loan payments on federally guaranteed student loans (Income Based Repayment or IBR) and secondly, it cancels
remaining debt for public servants after 10 years of public
service employment.
When you implicitly and explicitly suggest that rates will
remain lower for longer, people begin to count on risky assets being safer than they are; similarly, the size of
debts can become so large that those who trusted the policy makers lose the ability to
service the
debt (let alone pay it back) when borrowing
costs go up.
I am RELYING on this program to do what it was originally intended to do: allow public
service workers to repay at affordable monthly costs, and eventually have the remaining debt be forgiven through Public Service Loan Forgi
service workers to repay at affordable monthly
costs, and eventually have the
remaining debt be forgiven through Public
Service Loan Forgi
Service Loan Forgiveness.
Interest rates
remain low, corporate balance sheets generally
remain strong and
debt -
service costs appear manageable.