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Personal borrowing surges but credit cards slow

  • By: Staff
  • July 20, 2023 July 20, 2023
  • 13:50
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Businesses that pay back their loans by the end of the year are eligible to have up to one-third of their loans forgiven

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OSC, AMF consult on new Term CORRA to help ease demise of CDOR

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Credit ratings, outlooks under pressure as challenges mount for U.S. commercial property sector

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Companies paying down debt also reduce their deposits and outstanding loans, according to CIBC

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Deposits appear to have stabilized but profits face pressure from tighter financial conditions

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Latest Federal Reserve data show small banks' deposits stabilizing

Rate to rise for the fourth consecutive quarter

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In another measure aimed at vulnerable Canadians, the CRA will pilot automatic tax filing in 2024

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The increase represents the fourth consecutive quarter that the rate has climbed