Posts Tagged ‘capital markets’

Canadian Economy Slows Down

Canadian Economy Slows Down
The Canadian economy has grown slowly throughout the spring and early summer, even slower that people had expected. There are an increasing amount of fresh concerns about the strength of the economic recovery. The latest GDP report from Statistics Canada has also casted doubt on whether the Bank of Canada will continue ... Full story

Canadian Economy Growth Slows Down

Canadian Economy Growth Slows Down
Canada’s trade deficit has nearly doubled in June as exports collapsed, adding a new drag to the country’s slowing economic recovery. Yesterday, a trade report was released, which should a weak reading south of the border, which suggests that recovery in North America has entered a critical stage after having a strong rebound earlier in the ... Full story

Carney: European Debt Crisis Affects has been Modest

Carney: European Debt Crisis Affects has been Modest
The European Debt Crisis has had a modest impact on Canada, however the crisis is far from over. The Bank of Canada Governor Mark Carney noted that with the European debt crisis is not over at all, and that the governments need to be on healthy fiscal paths. Carney goes onto ... Full story

Canadian Economy Growing Faster than Anticipated

Canadian Economy Growing Faster than Anticipated
Statistics Canada has released data that shows Canada’s economy has grown at an annualized rate of 6.1% in the first quarter of 2010. National Gross Domestic Product (GDP) has increased by 1.5% in the first quarter of 2010, when it is compared to the last quarter of 2009. Real GDP has increased 0.6% in March from ... Full story

CIBC: Parity by Summer

CIBC: Parity by Summer
Interest rates increases are expected to drive the Canadian dollar back up to parity with the U.S. dollar by the summer according to a new report from CIBC World Markets Inc. This forecast is based on the expectation that the Bank of Canada will be raising its key lending rate in July, which is at least 6 ... Full story

Royal Bank Profits Increase by 24%

Royal Bank Profits Increase by 24%
A jump in traded revenues boosted profits by 24% at the Royal Bank of Canada (RBC). RBC posted a net income of $1.56 billion, $1.05 per share, for the three months ending in July. This is up from $1.26 billion or 92 cents per share in the third quarter of 2008. RBC noted that ... Full story

Small Banks in Good Shape

Small Banks in Good Shape
Canada's regional banks have less financial influence, but they are in a better position than the "Big Five" to resume dividend increases, noted by John Aiken of Dundee Capital Markets. He feels that Canadian Western Bank, National Bank of Canada and Laurentian Bank of Canada and other small lenders will be the ... Full story
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