While we are not immune to the serious problems
facing global credit markets, our financial institutions are in much better shape than mortgage providers in the U.S..
Not exact matches
One problem Mr. Carney
faces is that in the current
global credit crunch, financial
market interest rates are volatile so there's no assurance Canadian banks will pass along the full Bank of Canada rate cuts by reducing their prime lending rate by the same amount.
The amount of carbon
credits traded on the
global markets shrunk by 38 % in 2013, reflecting the lack of pressure companies
face to reduce their emissions.