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Is bad for Canada.According to Lonski, of Q2 2016, debt jumped up to 93% of net revenues for its highest such ratio since the 93.1% of Q3 2009. Moreover, corporate debt first reached 93% of net revenues in Q1 2009.As is evident in the chart above, a rising ratio of corporate debt to pretax earnings correlates to higher default levels in high yield debt. Recessions are uniformly preceded by rising debt levels followed by soaring defaults and subsequent economic contraction.Lonski points out that the energy sector, which is suffering an abnormally persistent downturn, is likely responsible in part for the mounting leverage scenario, but that doesn exactly give one the warm and fuzzies when contemplating the insinuation for the future default rate.The last time leverage ratios were this high was in the quarter immediately following the collapse of the stock market at the end of 2008 after Lehman demise.

RCMP Sgt. Janelle Shoihet said Mounties responded to Highway 99 in Cache Creek and found the 57 year old male driver of the yellow 1968 Morgan convertible.The man told officers that he been able to get out of the car, but he didn know what had happened to his wife, 57 year old Valerie Morris, said Shoihet.was unsure what had happened. He was too engaged in getting out of the vehicle himself, and he wasn sure what had happened with his wife, she said.Officers assume Morris was trapped in the convertible and unable to get out, but at this point can confirm whether she still in the car, said Shoihet.Pieces of the vehicle have been found but not the entire car, she added.Mounties are now asking for the public help in finding Morris, who is five feet two inches tall with auburn hair and hazel eyes.RCMP want to see any dashboard camera video and speak with any witnesses.

March through June. Outing includes a modest hike and parents and children should come prepared to walk up to one mile. It is recommended that parents also bring food and water. All children must be accompanied by a parent or legal guardian over the age of 18. All programs meet at the Sam Point Visitor Center, unless otherwise noted. Is required. Early arrival to the Park Preserve is recommended as the Park Preserve may fill to capacity before noon, particularly on weekends. For outings, please wear appropriate clothing and footwear and bring snacks and water. A parent or guardian over the age of 18 years must accompany children wishing to participate in any programs.

Next, ensure your business and employees are easy to deal with and polite. The words, “thank you,” go a long way. Empower your customers and ask them questions to make sure their needs are met and they are fully satisfied. HALL (A free lance story for The Morning Call)Timeclock Days To 2000 188 The Morning CallVictim Family Still Feels Pain The Morning CallBruce L. Arnold, Former Finance Corporation Vp The Morning CallSummer Swim Spawned Idea For Civic Health Aquatic Center By DOROTHY G. BLANEY (A free lance story for The Morning Call)Show And Shell The Morning CallReaching Out To Warn Of Danger County Uses Chilling Tape Of Concept Sciences Aftermath As An Educational Tool.

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