{"id":1823,"date":"2014-07-16T13:47:08","date_gmt":"2014-07-16T17:47:08","guid":{"rendered":"http:\/\/www.us-covered-bonds.com\/staging\/9690\/?p=1823"},"modified":"2022-03-27T16:34:44","modified_gmt":"2022-03-27T20:34:44","slug":"moodys-canada-outlook","status":"publish","type":"post","link":"https:\/\/www.us-covered-bonds.com\/staging\/3708\/2014\/07\/16\/moodys-canada-outlook\/","title":{"rendered":"Moody&#8217;s expects lower predictability of government support for Canadian banks; changes banking system outlook to negative"},"content":{"rendered":"<p style=\"text-align:justify;\">On July 8, Moody\u2019s followed up on its June 11 announcement regarding risk related to a \u201cbail-in\u201d regime in Canada with an announcement of the change to \u201coutlook negative\u201d in <a href=\"https:\/\/www.moodys.com\/research\/Moodys-expects-lower-predictability-of-government-support-for-Canadian-banks--PR_303553\">Global Credit Research<\/a>.\u00a0 Additionally, Moody\u2019s notes that \u201chigh household indebtedness and elevated housing prices remain key risks to banking system stability in Canada\u201d.\u00a0 Further, Moody\u2019s states that \u201cgrowth sought by the banks has led them to diversify into riskier businesses and geographies which dilute their strong domestic credit profiles and represent a growing risk to the Canadian system&#8217;s stability\u201d.<\/p>\r\n\r\n","protected":false},"excerpt":{"rendered":"On July 8, Moody\u2019s followed up on its June 11 announcement regarding risk related to a \u201cbail-in\u201d regime in Canada with an announcement of the change to \u201coutlook negative\u201d in Global Credit Research.\u00a0 Additionally, Moody\u2019s notes that \u201chigh household indebtedness and elevated housing prices remain key risks to banking system stability in Canada\u201d.\u00a0 Further, Moody\u2019s&hellip; <a class=\"more-link\" href=\"https:\/\/www.us-covered-bonds.com\/staging\/3708\/2014\/07\/16\/moodys-canada-outlook\/\">Continue reading <span class=\"screen-reader-text\">Moody&#8217;s expects lower predictability of government support for Canadian banks; changes banking system outlook to negative<\/span><\/a>","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","footnotes":""},"categories":[18,24,3],"tags":[],"class_list":["post-1823","post","type-post","status-publish","format-standard","hentry","category-canada-housing","category-canadian-cbs","category-news-items","entry"],"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/www.us-covered-bonds.com\/staging\/3708\/wp-json\/wp\/v2\/posts\/1823","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.us-covered-bonds.com\/staging\/3708\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.us-covered-bonds.com\/staging\/3708\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.us-covered-bonds.com\/staging\/3708\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.us-covered-bonds.com\/staging\/3708\/wp-json\/wp\/v2\/comments?post=1823"}],"version-history":[{"count":4,"href":"https:\/\/www.us-covered-bonds.com\/staging\/3708\/wp-json\/wp\/v2\/posts\/1823\/revisions"}],"predecessor-version":[{"id":3080,"href":"https:\/\/www.us-covered-bonds.com\/staging\/3708\/wp-json\/wp\/v2\/posts\/1823\/revisions\/3080"}],"wp:attachment":[{"href":"https:\/\/www.us-covered-bonds.com\/staging\/3708\/wp-json\/wp\/v2\/media?parent=1823"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.us-covered-bonds.com\/staging\/3708\/wp-json\/wp\/v2\/categories?post=1823"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.us-covered-bonds.com\/staging\/3708\/wp-json\/wp\/v2\/tags?post=1823"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}