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Canadian Economy Slows Down

Wednesday, September 1, 2010, 8:31
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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

Tags: Bank of Canada, breathing room, canadian economy, capital markets, chief economist, double dip, doug porter, economic recovery, gdp report, quarter gdp, recession, recovery canada, resale market, slam dunk, slowdown, statistics canada, wholesale trade

Ontario’s Debt Reaches $212.1 billion

Monday, August 30, 2010, 9:15
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Ontario’s deficit has come in substantially less than forecasted, however Ontario’s debt is now at a record $212.1 billion. The Liberal government has racked up a deficit of $19.3 billion in 2009-2010, which is $2 billion less than forecasted in the March budget. The issue in with this is that public accounts released show that the province’s debt ... Full story

Tags: 1 billion, balanced books, budget forecasts, debt level, deficit figure, dwight duncan, economic performance, economy, finance minister, liberal government, ministry of finance, ratios, real gdp, recession, tax revenues, timetable, what this means

CIBC World Markets: Investors Fears of Economic Slowdown Shown

Friday, August 27, 2010, 9:11
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Concerns remain in Canada and the U.S. about sluggish recoveries, have investors likely to price an economic slowdown into the stock market finds a new report from CIBC World Markets Inc. The report notes that despite the reaction markets gave to the recent drop in North American confidence indexes, the reality is that confidence never really recovered ... Full story

Tags: abyss, boardrooms, cautious view, cibc world markets, cibc world markets inc, corporate canada, dividend increases, double dip, economic recovery, economist, excess cash, financial crisis, peter buchanan, place confidence, recession, second quarter, sluggish economy, Stock market, tsx

Statistics Canada Reports Canadian Growth Will Slow

Friday, August 20, 2010, 9:47
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Canada’s economy will continue grow as expected, however the pace is set to slow as the housing market continues to cool down, and the U.S. economy falters, according to a Statistics Canada report released yesterday. Statistic Canada’s leading economic indicator index, which is a monthly gauge of where the economy appears to be heading in the coming months has slowed to a 0.4% increase in July, ... Full story

Tags: bad news, canada report, driving force, economic troubles, economy, household goods, housing market, leading economic indicator, leading economic indicators, pace, recession, risk, sectors, slowdown, statistic canada, statistics canada, two areas

Canada’s “More Humane Society” Saved THE Economy

Monday, August 16, 2010, 10:00
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Princeton University economist Paul Krugman noted that more stringent banking regulations, and well a more humane society is what helped Canada make it through the economic downturn far better than most countries, however a full recovery is not a sure thing. Krugman told lawyers at the Canadian Bar Association’s annual meeting that it was amazing to see ... Full story

Tags: banking regulations, canadian economy, canadians, deflation, economic collapse, economic downturn, economic downturns, economist paul krugman, first quarter, full employment, humane society, personal savings rate, princeton university, recession, safety nets, traditional assumptions, unemployment rates, world drift

Unemployment Rate Rises

Friday, August 6, 2010, 8:29
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A key factor in Canada’s recovery stalled last month as we saw the economy shed 9,300 net jobs, and the unemployment rates rose for the first time in almost a year. Statistics Canada has reported that the economy has shed 139,000 full time jobs, though not all of the jobs were lost, many of the jobs ... Full story

Tags: Bank of Montreal, disappearance, douglas porter, economic activity, education sector, fundamental shift, jobless rate, jump start, part time work, payback, recession, short space, softness, statistics canada, time category, time jobs, unemployment rate, unemployment rates

Canadian and U.S. Recoveries Slow Down

Saturday, July 31, 2010, 8:29
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The economy’s slowdown from the initial speedy recovery has continue in May with a second consecutive month of underwhelming output that has raised more questions about the Bank of Canada’s decision to raise interest rates. Disappointingly, the Canadian economy has moved at a pace of 0.1% during the month, after the flat ... Full story

Tags: Bank of Canada, canada project, canadian economy, consensus, credit crisis, economic recovery, first quarter, g7, interest rates, quarter point, recession, second consecutive month, second quarter, sectors, slowdown, speedy recovery, which ended june

Canada Set to Prosper in the Future

Monday, July 26, 2010, 8:42
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At one point in time it was said that the twenty first century will belong to Canada. As we head into the second decade of this century, it looks like the forecast will be coming true. From looking at the recently concluded G20 summit, we saw Canada host a platform to be ... Full story

Tags: banking system, canada benefits, canada host, canadian banks, debt burdens, economists, financial markets, global competitiveness index, investor protection, member countries, prime minister canada, productivity enhancements, recession, sophistication, wealthy countries, world economic forum

Bank of Canada Forecast on Canada’s Economy

Thursday, July 22, 2010, 10:45
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The Bank of Canada explained today that Canada’s economy is slowing much faster than previously expected, as we see a bleak outlook that stresses mounting risks from Europe’s debt crisis. The Bank does not expect to see a backtrack on its current trend to higher short term interest rates. On Tuesday we saw the Bank of Canada ... Full story

Tags: benchmark rate, consumer spending, debt crisis, economic expectations, midst, percentage point, quarter growth, recession, recovery canada, second quarter, stimulus, term interest

Canadians Slow Down on Borrowing

Thursday, July 22, 2010, 8:23
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We tend to find our self asking questions concerning how borrowers would hold up when interest rates began to rise. After seeing the Bank of Canada raise its trend setting overnight rate for the second time in the past two months, an answer is now coming forth. In virtually all forms of ... Full story