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Company: Fitch Ratings

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Illustration and Painting

Surge in trading, underwriting has helped big U.S. banks combat weaknesses — for now

Origami dollar arrow pointing down over a world map

Rising infections undermining economic rebound

Leagues' plans may be foiled by player safety concerns

Oil well with the pump jack in action. Alberta

The telecom and energy sectors drove record defaults in Q2

flag of ontario flying high on a flag post, against blue sky

Provincial borrowing to ramp up, but debt sustainable

Large pensions have the assets, liquidity and structure to deal with downturn

eavy clouds bringing thunder, lightnings and storm

Unexpected return to weakness more likely than a robust recovery

Magnifying glass focused an invoice with negative numbers

Global defaults surpassed 2019 levels in the first five months of 2020

Pandemic pressure on provincial finances drives the shift

a man on a precipice

Forecast sees rebuild through 2022, assuming strict lockdowns aren't needed again