The AAA Credit-Rating Club is Getting Cozy and Canada Stands to Benefit from it

Silver lining in flat interest rate environment. Canada is part of an exclusive, shrinking club of top tier sovereigns. Source: Financial Post The number of countries with a pristine AAA credit rating is shrinking and fund managers say Canada stands to benefit from being in the ever-more exclusive club. Both Fitch and Standard & Poor’s downgraded…

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