Globe & Mail
Dec 14, 2012
S&P said Thursday it was downgrading Bank of Nova Scotia, the country’s third-biggest bank, and National Bank of Canada, the sixth-largest lender, by one notch. The agency also lowered its ratings on Central 1 Credit Union, Caisse centrale Desjardins, Home Capital Group Inc. and Laurentian Bank of Canada by one grade.
... as bond-rating agencies take a harder look at the slumping economy, high consumer debt, and low interest rates, which are expected to cause a slowdown in bank profitability in the coming year. Other agencies, such as DBRS and Moody’s have moved to downgrade their ratings of Canadian financial institutions by one notch in recent months.
For British Columbians, news that a leading credit rating agency was sounding the alarm on the province’s debt and economic outlook must have come as a shock.
S&P 降级 6个加国银行