Global debt levels are so high, and so much of it is rolling over this year, that it may force Canadian banks to further tighten their lending standards. We like to try and understand what's going on before it happens so in this week's Rock Star Minute we share some of the data points we're looking at...
Sources:
https://www.canada.ca/en/department-f...
https://commodity.com/debt-clock/canada/
https://acting-man.com/blog/media/201...
https://www.iif.com/Portals/0/Files/c...
https://www.bankofcanada.ca/2020/03/o...
https://www.cbc.ca/news/business/inte...