Junk Debt Mountain Hangs Over Corporate Canada

The video discusses the significant increase in junk debt over the past five years, driven by companies leveraging low borrowing costs and high commodity prices. The oil price shock has led to a pullback in borrowing, with companies focusing on repairing balance sheets. Despite this, there is pent-up demand in the credit market. The video also highlights differences between the US and Canadian bond markets, using DHX Media as an example of a company navigating these markets.

What example is given of a company that has issued debt below investment grade?

What challenges do smaller companies face when accessing the US dollar bond market?