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Canadian corporate balance sheets solid as a rock

Author: Derek Burleton; Diana Petramala; Toronto-Dominion Bank.
Publisher: Toronto, Ont. : TD Economics, 2012
Series: TD Economics special report.
Edition/Format:   eBook : Document : English
Database:WorldCat
Summary:
If we compare the current standing of corporate balance sheets in the first half of 2012 to what they looked like some 20 years ago, the picture has brightened significantly. Going forward, a softer profit environment will likely keep asset growth more modest. We are likely to continue to see a heightened preference for cash over the next 6-9 months. However, over the medium-to-longer term we anticipate that  Read more...
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Details

Genre/Form: Electronic books
Material Type: Document, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: Derek Burleton; Diana Petramala; Toronto-Dominion Bank.
OCLC Number: 827772318
Notes: "October 30, 2012."
Description: 1 online resource (6 pages) : color illustrations, digital file.
Series Title: TD Economics special report.
Responsibility: [Derek Burleton, Diana Petramala].
More information:

Abstract:

If we compare the current standing of corporate balance sheets in the first half of 2012 to what they looked like some 20 years ago, the picture has brightened significantly. Going forward, a softer profit environment will likely keep asset growth more modest. We are likely to continue to see a heightened preference for cash over the next 6-9 months. However, over the medium-to-longer term we anticipate that non-financial corporations will start to invest less in cash and more in fixed capital. Debt will grow as a more important source of funding those investments.

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