CORRECTED-Canada bank downgrade rings alarm bells on consumer debt, housing

OTTAWA, May 11 (Reuters) - Concern about Canada's heavily indebted households and hot housing market ratcheted higher on Thursday after Moody's downgraded the ratings for Canada's major banks, sending shares of the lenders lower and weakening Canada's currency.

by reutersCOMPANYNEWS via Endless Supplies .Biz - News