Dairy products are New Zealand's largest commodity export and lower global prices are putting pressure on the nation's dairy farmers, weighing on the outlook for economic growth and putting dairy
sector debt on the Reserve Bank's radar as a growing risk to financial stability.
Not exact matches
Improving crumbling infrastructure and creating new jobs is a worthy endeavour, but it will add significantly to Ontario's
debt load, whether or not the government goes it alone
on projects or partners with the private
sector.
By transferring to the private
sector ownership of Canada Post, the federal government can eliminate a major drain
on public finances and move closer to the goals of eliminating the fiscal deficit and paying down public
sector debt.
In a wide - ranging note
on the
sector, RBC says the company has one of the lowest net
debt — to — trailing cash flow levels in its coverage group.
The
debt crisis will change the focus to the probable solution: A future of far higher taxes and a government
on autopilot to absorb more and more of the private
sector.
His comments come after the IMF in October said that Canada's high
debt levels, and higher - than - average pressure
on Canadian households» ability to pay down that
debt in the private non-financial
sector, leaves its economy more sensitive to tighter financial conditions and weaker economic activity.
The central bank noted in its statement that «financial vulnerabilities in the household
sector continue to edge higher,» which is the Governing Council's way of saying that ultra-low borrowing costs continue to put upward pressure
on asset prices and personal
debt.
Subordinated
debt financing is recommended for businesses that are in a high - growth
sector with established revenues and are
on a path toward positive operating income within a year.
Taking
on debts in this fashion should always be considered carefully but, when used appropriately, using your invoices as assets in a financing arrangement can afford very valuable and even vital flexibility to small businesses in any
sector.
«net private
sector debt is actually quite low and
on par with the 70s» — Stock buy - backs have pushed up
debt.
Former Greek Prime Minister George Papandreou proposed calling a referendum
on a private
sector debt - restructuring plan agreed with the creditors as part of a second bailout package in October 2011.
The Vancouver Board of Trade, representing 5,000 business members across Greater Vancouver and B.C., has assigned an overall grade of «A» to B.C. Budget 2015, based
on the government's steadfast commitment to balancing the books, reducing
debt, and stoking a variety of
sectors of our economy.
It is worth noting that, based
on PBO long - term fiscal sustainability for the total government
sector, Minister Flaherty's commitment to eliminate total government net
debt is no longer achievable.
Your anchor of eliminating total government
sector net
debt relied heavily
on growing surpluses in the Canada and Quebec Pension Plans (which will not continue as the baby - boomers retire).
At that time, the main data sources
on consumer
debt consisted of loan - level data sets
on specific categories of loans, such as mortgages, as well as aggregated data
on household
sector debt from the Board of Governors» Flow of Funds statistical release.
I treat the financial
sector and
debt as an economic overhead, so my focus is
on how society can deal with the
debt and to explain why society can not recover from the current depression until it writes down the
debts to what can be paid.
In contrast, according to the Parliamentary Budget Officer, the provincial, territorial and local government
sector does not have a sustainable fiscal structure, even though their aggregate
debt - to - GDP ratio is currently under 30 per cent, but expected to rise significantly due to the impact of an ageing population
on their finances.
Without a massive transfer of wealth from the state
sector to the household
sector it will be impossible, I would argue, for GDP growth rates of anything above 3 - 4 % — and perhaps even less — to occur without a further unsustainable increase in
debt, whether that increase occurs inside or outside the formal banking system and whether or not discipline has been imposed
on borrowers.
If there is any planning to be done with regard to the banking and financial system, the central issue of mathematical economics as applied to the financial
sector should focus
on how economies should cope with the tendency for
debts to mount up until a crisis erupts?
They have been tricked into leading the parade
on behalf of the financial, insurance and real estate
sector — down the road to
debt peonage in a monopolized and polarized economy.
They are to pay for their rising
debt service not by taxing the population, but by selling public assets to the financial, insurance and real estate (FIRE)
sectors — the very
sectors which are receiving the growing interest payments
on the national
debts resulting from lowering taxes
on wealth.
For a competitive fee, FBND combines rules - based
sector allocation with active security selection for its take
on broad exposure to the USD
debt market,.
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.
VICTORIA, B.C. — The Vancouver Board of Trade, representing 5,000 business members across Greater Vancouver and B.C., has assigned an overall grade of «A» to B.C. Budget 2015, based
on the government's steadfast commitment to balancing the books, reducing
debt, and stoking a variety of
sectors of our economy.
Attention is now being focused
on EURO zone leaders to take strong and credible action to strengthen the capital of private
sector banks in Europe, ensure confidence in bank liquidity and interbank credit, and guarantee support for sovereigns»
debt.
Monetizing
debt creation at the expense of households worsens the imbalances and makes the economy even more dependent
on public
sector investment, which means that the
debt burden would grow even more quickly.
Beijing is working
on fixes for internal
debt issues, such as turning short - term bank
debt into long - term bonds and redirecting credit to the private
sector and households.
In addition, this fall the E.U. reached an agreement that actually has a realistic shot of lessening Greece's
debt load and putting that country
on a path toward recovery by forcing losses
on official -
sector creditors.
WASHINGTON — The International Monetary Fund today sounded the alarm
on excessive global borrowing, warning that with a total of $ 164 trillion owed, the world's public and private
sectors are deeper in
debt than at the height of the financial crisis a decade ago.
On the other side of the household balance sheet, the
debt of the household
sector has continued to grow rapidly, increasing by 14 1/2 per cent over the year to March.
Greece should learn from America's folly and refuse to borrow from the ECB to pay bondholders
on debts that have been run up by not taxing wealth, especially that of the FIRE
sector.
I actually think something else is going
on here — rather than talking about regulating the financial
sector, the government and the Bank are signaling that they are willing to provide lender - of - last - resort assurances to those who sell or engage in derivative financial products, of which the asset - back mortgage and commercial
debt are but two examples.
And it's been very weak since 2008; we've now hit the point now where the private
sector, the households, are so heavily in
debt that they just can't continue taking
on new or additional
debt to make credit expand enough to drive the economy.
The other much rarer possible use of capital controls is that, in extremis, a crisis might be sufficiently bad to justify a standstill
on repayment of
debt, in the context of «private
sector involvement» («bailing - in the private
sector»).
That competence isn't really lost, only your government has encouraged the creation of a vast financial services
sector focused
on the creation of toxic
debt instruments linked to the real estate bubble that was itself a result of the credit expansion.
The growth of gross household
debt has seen the household
sector's
debt to income ratio
on a gradually rising trend for much of the past decade.
Mr. Duggan began his career in the investment banking division of Credit Suisse in Toronto where he advised companies
on M&A, equity, and
debt transactions with coverage focused
on the natural resource and diversified
sectors.
Even if China's
debt and real estate bubbles don't pop, resulting in a global recession, slowing economic growth from China could have a detrimental effect
on long - term energy prices and result in prolonged weakness in the entire energy
sector, including oil services suppliers such as U.S. Silica.
Growth has been fueled by the growth of household and foreign
debt rather than by business investment, and we have become dangerously reliant
on the resource
sector.
The temptation to «ride the yield curve» must be great, and there is indeed evidence that banks have begun to load up
on treasury
debt (they must do something after all, and the private
sector is out at the moment).
The Deputy Head of Macroeconomic Research Unit, Ministry of Finance, Dr. Millicent deGraft - Johnson who spoke
on the governments short to medium - term development programme said it was aimed at providing opportunities for growth and job creation through the private
sector, and had developed concrete reform actions to tackle key challenges to private investment such as ensuring macroeconomic stability and
debt sustainability, improving the ease of doing business and enhancing access to affordable and long - term financing and de-risking instruments.
I want to see vigorous rhetoric about writing off
debts that are destroying people who are
on benefits and who rely
on the public
sector.
The government is determined to bear down
on debt - hence the expansion of its reliance
on a private -
sector solution.
The strategies for achieving these broad macroeconomic objectives include the following: • Promoting inclusive growth without compromising fiscal consolidation; • Anchoring fiscal policy
on reducing the fiscal deficit to low and sustainable levels, sufficient to reduce the overall public
debt burden; • Strengthening the inflation targeting regime and pursuing complementary monetary policy to promote monetary discipline; and • Pursuing complementary external
sector policies to ensure exchange rate stability and favourable current account balance.
Mr. Speaker, Government also sponsored the issuance ofCedi - denominated medium - to - long - term bonds (7 and 10 year bonds)
on the back of the ESLA receivables to facilitate the clearance of the
sector's legacy
debts.Again, the Akufo - Addo Government is determined to turn away from the mismangement of the energy
sector in the past which led to the accumulation of billions of
debts by entities, such as BOST, to managing these startegic entities with integrity and efficiency.
(a) Expanding the Green Investment Bank's scale and remit as fast as possible, including relaxing the restriction
on its ability to borrow before total public
sector debt begins to fall.
If the Government adopt his ideas
on public
sector pension reform, they will have missed a golden opportunity and will have saddled future generations with unimaginable levels of
debt.
While, some hailed the decision with the belief that it would ease the heavy
debt burden
on the country, critics maintained that declaring oneself poor, could pose credibility and image problems, especially for the private
sector.
The FSB continues to support your
debt reduction plan: any loss in the UK's international creditability will have a negative impact
on all
sectors of UK life, and fiscal discipline needs to be maintained.
Higher education We await Lord Browne's final report into higher education funding, and will judge its proposals against the need to: - increase social mobility; - take into account the impact
on student
debt; - ensure a properly funded university
sector; - improve the quality of teaching; - advance scholarship; and, - attract a higher proportion of students from disadvantaged backgrounds.