Risks to Canada’s corporate sector as interest rates rise

Sean Clarke and Dave Krochmalnek

Economic and Social Reports from Statistics Canada, Analytical Studies and Modelling Branch

Abstract: As interest rates rise to curb inflation, so too do risks associated with higher levels of debt. While much has been written about elevated levels of household debt, less attention has been paid to the growth in Canadian corporate debt and its implications for the business and financial sectors.

Keywords: interest rates; household debt; corporate sector; corporate debt (search for similar items in EconPapers)
JEL-codes: J23 M21 (search for similar items in EconPapers)
Date: 2024-01-24
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Persistent link: https://EconPapers.repec.org/RePEc:stc:stcp8e:202400100005e

DOI: 10.25318/36280001202400100005-eng

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