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Risks to Canada’s corporate sector as interest rates rise

Author

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  • Sean Clarke
  • Dave Krochmalnek

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.

Suggested Citation

  • Sean Clarke & Dave Krochmalnek, 2024. "Risks to Canada’s corporate sector as interest rates rise," Economic and Social Reports 202400100005e, Statistics Canada, Analytical Studies and Modelling Branch.
  • Handle: RePEc:stc:stcp8e:202400100005e
    DOI: https://doi.org/10.25318/36280001202400100005-eng
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    JEL classification:

    • J23 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Demand
    • M21 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics - - - Business Economics

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