In addition to employers (and sometimes employees) making extra payments,
the prospects of rising interest rates could help a great deal.
Not exact matches
This is because the province has accumulated a large public debt that given the
prospects for an economic slowdown and / or
rising interest rates will potentially increase fiscal pressure via debt service costs which in 2016 - 17 totaled $ 11.7 billion or just over 8 percent
of total government spending.
Nevertheless, with bodies including the International Monetary Fund warning that the negative effects
of the UK's decision to leave the European Union (EU) were starting to weigh on the economy's long - term growth
prospects, reaction among market participants to the BoE's signaling
of further
interest -
rate rises was somewhat skeptical.
However, given the recent appreciation
of stocks to the perceived point
of overvaluation, and poor
prospects for bonds in light
of an anticipated
rise in
interest rates, many investors may hesitate to make early contributions.
In the face
of tightening spreads, increased regulation, and the
prospects for
rising interest rates, outstanding commercial real estate debt to GDP will continue to
rise higher above its long - term equilibrium.
The optimism at the conference was somewhat tempered by the
prospects of increasing supply,
rising interest rates and an eventual downturn in the not - too - distant future.