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Deobald said having an AgriRecovery assessment — on top of last week's move by both levels of government and the Saskatchewan Crop Insurance Corporation, which allows low-yielding crops to be diverted into feed — would be meaningful for producers.
Source: https://www.cbc.ca/news/canada/saskatchewan/saskatchewan-ottawa-agriculture-relief-1.6910629?cmp=rss
Even for the banks healthy enough to ride this out, the low-yielding assets on their books mean they are going to have to fund low-yielding assets with higher-yielding liabilities and that will be a hit to earnings.
Even for the banks healthy enough to ride this out, the low-yielding assets on their books mean they are going to have to fund low-yielding assets with higher-yielding liabilities and that will be a hit to earnings.
In particular, the movement from low-yielding demand deposits toward time deposits could be problematic.