Moody’s upholds AAA credit rating for Canada, says economy is resilient. | CA |

  • November 23, 2020 06:06 AM EST
  • Team Kalkine

It added that Canada’s low benchmark interest rates will lead to the largest budget deficit since World War II. Moody’s predicted that the GDP would decline by about six percent this year but will grow by five percent in 2021.

WestJet (TSX:ONEX) & Delta Ditch Joint Venture Deal

WestJet and US-based Delta Air Lines ended their planned US-Canada joint venture after the US government demanded changes in the proposal. Both the airlines termed the demands as "unreasonable and unacceptable", said media reports.

* Tesla Inc (TSLA: US) Breaks Records, Becomes NASDAQ's Top Price Performer

Tesla stocks witnessed a massive rally recently on the back of the announcement that the electric vehicle producer will get listed on the S&P 500 Index in December. Tesla stocks rocketed to a record intraday high of US$ 508.61 on November 19 and became the best performing stock on the Nasdaq-100 Index for the week.


The website is a service of Kalkine Media Incorporated (Kalkine Media), Business Number: 720744275BC0001. The principal purpose of the content on the website is to provide factual information only and does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stock of the company (or companies) or engage in any investment activity under discussion. We are neither licensed nor qualified to provide investment advice through this platform. In providing you with the content on this website, we have not considered your objectives, financial situation or needs. You should make your own enquiries and obtain your own independent advice prior to making any financial decisions.
Some of the images that may be used on this website are copyright to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed on this website unless stated otherwise. The images that may be used on this website are taken from various sources on the web and are believed to be in public domain. We have used reasonable efforts to accredit the source (public domain/CC0 status) to where it was found and indicated it below the image. The information provided on the website is in good faith, however Kalkine Media does not make any representation or warranty regarding the content, accuracy, or use of the content on the website.


We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. OK