This topic has been going on since the stimulus to the Canadian economy went into gear; saying that if the loonie continues to rise at this pace it will have negative repercussions for the Canadian economy. Finance Minister Jim Flaherty said yesterday that he is still concerned with the rapid changes in the value of

There is new evidence showing a rebounding Canadian Economy which came about yesterday in the form of encouraging sales figures in the Toronto condo market and resilient auto sales in the month of July. The good news strengthens the statement of Bank of Canada Governor Mark Carney declaring last month that Canada’s recession would come

Flaherty rarely misses the chance to remark on the strength of the economy he has overseen for over 3 years declined to call an end to the recession Tuesday, even though the Bank of Canada says the gross domestic product will resume growing this quarter, three months sooner to boot.Flaherty is not ready to declare

For the first time in 15 years, Canada’s annual inflation rate dipped below zero in June. With the low cost of filling up gas at a gas station compared to last year dropped the overall index to minus 0.3%. This was expected due to the rapid acceleration of gas prices across Canada around this time

I have decided to end the week with a little something I am called the “Weekly News Watch”. This is a series which will appear every Saturday to give you a news update.This article will generally consist of the market trends, major events, and data releases that affected the Toronto stock market. It will also

Now many of us know that with any form of credit there is an interest rate that goes with it.We will always accept the fact that there is an interest rate, but what is it? With loans, lenders will charge interest in return for granting you credit. Interest can be charged if you do not

With the loonie on the rise it allows us to make cheaper purchases or have the vacation you have deserved for so long but it would not be helping save jobs or put an end to the recession.The Bank of Canada is warning that the rise of the Canadian Dollar to the 90 cents (U.S.)