00000nam 2200000zi 4500 9.872981 CaOODSP 20250821075116 m o d f cr cn||||||||| 190514t20192019onca ob f000 0 eng d CaOODSP eng rda CaOODSP eng eng fre n-cn--- FB3-7/2019-15E-PDF Grieder, Tim J., author. Measuring non-financial corporate sector vulnerabilities in Canada / by Tim Grieder and Claire Schaffter. Ottawa, Ontario, Canada : Bank of Canada = Banque du Canada, [2019] ©2019 1 online resource (ii, 9 pages) : illustrations. text txt rdacontent computer c rdamedia online resource cr rdacarrier Staff analytical note = Note analytique du personnel, 2369-9639 ; 2019-15 Cover title. Includes bibliographical references. "In this note, we use firm-level data from Statistics Canada's Quarterly Survey of Financial Statements to construct two sets of aggregate vulnerability indicators for the non-financial corporate sector in Canada. First, we measure debt at risk by tracking the share of outstanding debt associated with firms that are not generating enough income or have limited assets to make debt and interest payments. Second, we construct time-series measures of borrower quality by comparing the average credit quality of firms that have the largest increases in debt normalized by lagged total assets with those that have the smallest increases. Our results show that debt-at-risk has been above historical averages in recent years due to developments in some sectors that are related to commodities. We do not find evidence of a broad-based deterioration in borrower quality in recent years"--Abstract, page ii. Includes abstracts in English and French. gccst Corporations gccst Debt Schaffter, Claire, author. Bank of Canada. Staff analytical note (Bank of Canada) 2019-15. (CaOODSP)9.807323 PDF 607 KB https://publications.gc.ca/collections/collection_2019/banque-bank-canada/FB3-7-2019-15-eng.pdf