Canada and its provinces face significant deficits, large increases in debt and a prolonged recovery arising from the unprecedented shock of the coronavirus pandemic. While governments inherently have more resiliency to shocks than other sectors, the breadth and extent of the impact from the pandemic and related containment efforts have altered the fiscal forecasts for Canada and the provinces. However, the pressures are not uniform. Join the Moody's Sovereign team as they discuss their view on credit pressure in the context of:
  • Economic outlook for Canada
  • Policy responses by Canada and the provinces
  • Fiscal outlook for Canada and the province
  • Low global oil prices
Speakers: 
  • Yves Lemay, Managing Director - Sovereign/Sub-Sovereign (moderator)
  • William Foster, Vice President - Senior Credit Officer, Sovereign Risk Group
  • Michael Yake, Vice President - Senior Credit Officer, Sub-Sovereign Group
  • Adam Hardi, Vice President - Senior Analyst, Sub-Sovereign Group

Following the commencement of TRIM in 2016, there are has been a multi phased approach to the ECB’s TRIM exercise. As we are gearing up for a year of further TRIM exercises and transitioning to review of wholesale and low default portfolios, Moody’s would like to host this webinar to provide:

  1. Further insight to the challenges in the market thus far
  2. The common themes across Europe
  3. Remediation and best practice approaches

Following the commencement of TRIM in 2016, there are has been a multi phased approach to the ECB’s TRIM exercise. As we are gearing up for a year of further TRIM exercises and transitioning to review of wholesale and low default portfolios, Moody’s would like to host this webinar to provide:

  1. Further insight to the challenges in the market thus far
  2. The common themes across Europe
  3. Remediation and best practice approaches