Kroll Bond Rating Agency Releases 2017 Canadian Banking Outlook

NEW YORK–(BUSINESS WIRE)–Kroll Bond Rating Agency (KBRA) has released its 2017 Canadian Banking Outlook report. The 2017 financial outlook remains moderately negative for Canadian banks, reflective of the following factors: potential asset quality risks, uncertainties surrounding government support, relatively high levels of household debt in Canada, a sluggish Canadian economy, and vulnerability to any renewed pressure in commodity prices. However, at present, the largest banks in Canada con