Whether you are doing business just in Canada or around the world understanding what is happening in the global economy is essential to decision making. Earlier this summer Coface issued a risk review that pointed to the key trends that are affecting the economy and downgraded 23 sectors and 4 countries. Those trends include the increase in defaults in nearly 80% of advanced economies in Q1 2025 compared to 2024, as well as a look at the sectors most affected. It also outlines the difficulties Canada is facing due to tariffs impacting its exports to the US. You can read more here
