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The latest problems to hit an already troubled sector would further diminish appetite in the local financial market for bonds issued by credit card providers.
Unlike many companies in its troubled sector, Magna has grown and largely prospered in recent years.
As it has been for several years, housing remains the most coddled and the most troubled sector of the economy.
But that seemed to be more a store-specific problem than a mark of a troubled sector.
Though the troubled sector rebounded a bit yesterday, it has a ways to go to recoup Monday's losses.
The ministry has been criticized for its ties to industry, which many critics said prevented it from properly regulating the troubled sector.
Similar(39)
The changes are expected to put increased pressure on already troubled sectors of the economy, even as it draws foreign capital into the country.
Reducing foreclosures in a meaningful way would act to stabilize the housing market, real estate experts say, letting the administration patch up one of the economy's most persistently troubled sectors.
It said in a report there were some similarities between Europe's current situation and Japan in the 1990s, when the latter suffered from a troubled financial sector and reduced private sector spending.
Now another firm in Britain's troubled electricity sector is in difficulties.
The MPC was not swayed by pleas for help from the troubled housebuilding sector.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com