The “Big Five” Canadian banks offer credit cards and include Royal Bank of Canada, Toronto Dominion Bank (TD Canada Trust), Bank of Nova Scotia, Bank of Montreal and Canadian Imperial Bank of Commerce (CIBC). Did you know that there are many other options?
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– ratesupermarket.ca
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Read Rubina’s Blog | Why Isn’t Apple Pay in Canada Yet?
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Moody’s lowers France’s credit rating, expecting slow growth, high debt through 2020
– canadianbusiness.com
NEW YORK, N.Y. – Moody’s Investors Service is downgrading the credit rating of France, saying the French economy will grow slowly for the rest of this decade while the country’s debt remains high.
The firm lowered its rating to “Aa2″ from “Aa1.” That means France has Moody’s third-highest possible rating.
Moody’s said Friday the outlook for economic growth in France is weak, and it does not expect that to change soon. It says the high national debt burden probably will not be reduced in the next few years because of low growth and institutional and political constraints.
Overall Moody’s says France’s creditworthiness is “extremely high” because of its large, wealthy, well-diversified economy, high per-capita income, good demographic trends, strong investor base and low financing costs.
The outlook was raised to “stable” from “negative.”
The post Moody’s lowers France’s credit rating, expecting slow growth, high debt through 2020 appeared first on Canadian Business – Your Source For Business News.
The firm lowered its rating to “Aa2″ from “Aa1.” That means France has Moody’s third-highest possible rating.
Moody’s said Friday the outlook for economic growth in France is weak, and it does not expect that to change soon. It says the high national debt burden probably will not be reduced in the next few years because of low growth and institutional and political constraints.
Overall Moody’s says France’s creditworthiness is “extremely high” because of its large, wealthy, well-diversified economy, high per-capita income, good demographic trends, strong investor base and low financing costs.
The outlook was raised to “stable” from “negative.”
The post Moody’s lowers France’s credit rating, expecting slow growth, high debt through 2020 appeared first on Canadian Business – Your Source For Business News.
