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Canada Gdp

Why We Can't Afford to Spend Our Country Out of Debt

Doug O. Jones | Posted 04.30.2013 | Canada
Doug O. Jones

With GDP forecast to grow by a mere 1.6 per cent this year, our governments (both provincial and federal) need consumers to keep on spending to prop up the economy. They need this while they, themselves, are struggling with ballooning deficits and debt loads.

Guess What's Leading Canada's Economic Growth

CP | The Canadian Press | Posted 03.28.2013 | Canada Business

OTTAWA - The manufacturing sector helped drive the Canadian economy's return to better than expected growth in January after ending 2012 with a mild c...

Canadian Economy Actually Lagging U.S.

CP | The Canadian Press | Posted 03.28.2013 | Canada Business

PARIS - A leading international economy body says the global economy is beginning to rebound, but Canada is lagging several other members of the Group...

Economy Barely Growing

CP | Julian Beltrame, The Canadian Press | Posted 05.01.2013 | Canada Business

OTTAWA - The federal government will attempt to make up for the weaker economy by doubling down on spending cuts in hopes of balancing the budget in t...

The Higher the GDP, the Unhappier the Country

Sangita Iyer | Posted 04.07.2013 | Canada Business
Sangita Iyer

As it turns out, countries with low GDP ranked high in the HPI and had smaller eco-footprints compared with nations with high GDP that ranked low in the HPI and had larger eco-footprints per capita. Evidently material wealth does not equate with happiness, but instead creates more waste and pollution.

Canada's Economy Posts Surprise Results

CP | Hugh McKenna, The Canadian Press | Posted 04.02.2013 | Canada Business

TORONTO - Canadian economy grew slightly more than expected in November, bolstered by major industrial sectors, but the report from Statistics Canada ...

BoC Expected To Announce It Will Leave Interest Rates Unchanged

CP | Malcolm Morrison, The Canadian Press | Posted 02.01.2013 | Canada Business

TORONTO - The Bank of Canada is expected to announce this week that it is leaving interest rates unchanged and continue to give the impression that it...

U.S. Economy Growing At Five Times The Rate Of Canada

The Huffington Post Canada | Daniel Tencer | Posted 12.01.2012 | Canada Business

Canadians have been patting themselves on the back in recent years over the country’s economic resilience in the wake of the financial crisis, but i...

Canada's Economy Dead In The Water

CP | Posted 11.30.2012 | Canada Business

OTTAWA — Canada's economy has hit stall speed with few areas of strong support, setting back any talk of interest rates hikes in the new year and li...

Good Luck Mark Carney, You'll Need It

Andrew Pyle | Posted 01.26.2013 | Canada Business
Andrew Pyle

Today the UK chancellor announced that the head role at the Bank of England would go to none other than the current Bank of Canada Governor, Mark Carney. The bet is that Carney can wave the same magic wand for the UK, though it's going to take more than a doctorate from Oxford to overcome the relatively larger challenges facing that country versus Canada, with its proximity to a troubled Eurozone.

Give Us an Energy Plan With Stamina

David Suzuki | Posted 12.10.2012 | Canada Politics
David Suzuki

A large part of Canada's problem is that we are increasing our fossil-fueled ambitions at breakneck speed in the absence of a long-term national energy strategy. No one seems to know where we're going, but the end of the road is looming, and it might lead to a steep drop.

Putting Climate Change in the Budget Now Will Save Lives and Money

David Suzuki | Posted 12.03.2012 | Canada Politics
David Suzuki

The failure of world leaders to act on the critical issue of global warming is often blamed on economic considerations. But let's take a look at the economic reality. A new scientific report concludes that climate change is already costing the world $1.2 trillion a year. It's also killing at least 400,000 people every year.

Recession Worse Than Thought: StatsCan

CP | Julian Beltrame, The Canadian Press | Posted 12.01.2012 | Canada Business

OTTAWA - Canada's economy is stronger than previously believed, but not to the extent that it will significantly influence policy decisions.That is th...

Guess What's Dragging Down Canada's Economic Growth

CP | The Canadian Press | Posted 11.28.2012 | Canada Business

OTTAWA - Canada's economy continues to defy adverse global conditions and the guarded expectations of experts, posting a 0.2 per cent advance in July ...

Better Than Expected, But Still Sluggish

CP | Posted 08.31.2012 | Canada Business

OTTAWA -- Statistics Canada says the economy grew at an annual rate of 1.8 per cent in the second quarter, as companies increased investment in equipm...

Canada's Economy Sputters

CP | Julian Beltrame, The Canadian Press | Posted 09.30.2012 | Canada Business

OTTAWA - Canada's economy moved back into the slow lane in May, posting a below-expectations 0.1 per cent advance that set the stage for a sub-par sec...

Oil, Mining Behind Canada's Economic Growth

CP | Julian Beltrame, The Canadian Press | Posted 08.29.2012 | Canada Business

OTTAWA - Canada's economy is proving somewhat resilient against global economic turmoil, recording a surprisingly perky 0.3 per cent gain in April tha...

Canada's Economy Stays On Pace: StatsCan

CP | Julian Beltrame, The Canadian Press | Posted 08.01.2012 | Canada Business

OTTAWA - Disappointing output performance in Canada and a shockingly weak jobs report in the United States is raising new doubts about the strength of...

Flaherty Warns On Economy Ahead Of GDP Report

CP | Julian Beltrame, The Canadian Press | Posted 07.28.2012 | Canada Business

OTTAWA - The Canadian economy remains fragile almost three years removed from the recession and must avoid "shocks" that can derail the recovery, Fina...

Canada's Economy Shrinks Unexpectedly

CP | Posted 04.30.2012 | Canada Business

OTTAWA, Ont. -- Canada's dollar dipped about half a cent in early trading Monday after Statistics Canada reported the national economy shrank in Febru...

Surprise, Surprise: This Region To Boom As Rest Of Canada Stagnates

CP | Posted 04.09.2012 | Canada Business

OTTAWA -- The TD Bank says persistently strong oil prices are giving the economies of resource-rich prairie provinces a turbo-boost. The bank says ...

Economic Growth Slows: StatsCan

CP | Julian Beltrame, The Canadian Press | Posted 05.30.2012 | Canada Business

OTTAWA - Canada's economy started off the year on positive, if tentative, footing in January, registering a modest 0.1 per cent gross domestic product...

Canada's Economic Growth Slowed At End Of 2011

CP | Posted 03.02.2012 | Canada Business

OTTAWA -- Statistics Canada says the pace of economic growth slowed to 0.4 per cent in the fourth quarter of 2011 after a third-quarter increase of 1....

Canada No Longer Leading G7 In Growth -- Guess Who Is

CP | Julian Beltrame, The Canadian Press | Posted 04.07.2012 | Canada Business

OTTAWA - It's going to get harder for Prime Minister Harper and his ministers to keep boasting that Canada is No. 1 among economic rivals.As the year ...

Canada's Economy Shrinks: StatsCan

CP | Posted 01.31.2012 | Canada Business

OTTAWA - Real gross domestic product unexpectedly edged down 0.1 per cent in November after showing no growth in October, Statistics Canada reported T...