1. Financial indicators.
- Subjects
PRICES ,PETROLEUM product sales & prices ,PAPER industry ,SUBPRIME mortgages ,FOREIGN banking industry - Abstract
The article looks at the performance of the financial indicators in the Canadian market as of November 2007. The value of the Canadian dollar appreciated by 16% in the beginning of 2007 and this was attributed to the commodity prices of oil, wheat and gold. The asset-backed commercial paper market has been affected by the sub-prime mortgage market crisis in the southern region of Canada, though the outstanding value of foreign banks has increased to C$120bn. The mergers and acquisitions value also increased during the second quarter of 2007.
- Published
- 2007