Canadian Economy

Uh Oh: BoC Lowers Forecast

CP | Julian Beltrame, The Canadian Press | Posted 04.16.2014 | Canada Business

OTTAWA - Bank of Canada governor Stephen Poloz says he has not ruled out a future cut to interest rates despite evidence disinflationary pressures app...

IMF Warns Canada On Housing, Debt

CP | Julian Beltrame, The Canadian Press | Posted 04.08.2014 | Canada Business

OTTAWA - The International Monetary Fund has again upgraded its projection for Canada's economy, but the latest outlook from the international financi...

Latest Economic Outlook Suprisingly Rosy

CP | The Canadian Press | Posted 04.07.2014 | Canada Business

OTTAWA - The latest Bank of Canada survey on business sentiment finds a decidedly more positive outlook, and that may be good news for Canadian worker...

6 Things Joe Oliver Can Do to Leave a Positive Legacy

Mark Milke | Posted 04.03.2014 | Canada Politics
Mark Milke

Every politician wants to leave a positive legacy, so here are some possibilities for the new federal Conservative finance minister, Joe Oliver. First, do no harm. This is not as easy as it sounds...

Canada Losing Its Competitive Edge, TD Bank CEO Warns

CP | Lauren Krugel, The Canadian Press | Posted 04.03.2014 | Canada Business

CALGARY - The CEO of TD Bank expressed a bullish view of the U.S. economic recovery on Thursday, while warning that Canada risks losing its competitiv...

Economy's Growth Surprises

CP | Posted 03.31.2014 | Canada Business

OTTAWA — Canada's economy rebounded sharply in January, proving the previous month's anxiety-inducing collapse was really all about the weather. ...

Seems the Fraser Institute Didn't Quite "Get" My Letter to John Kerry

Elizabeth May | Posted 03.24.2014 | Canada Politics
Elizabeth May

The HuffPost blog from the Fraser Institute's Senior Director, Natural Resource Studies, Kenneth Green, set out to make me look uninformed based on my submission to the U.S. State Department on the proposed Keystone pipeline. From his first words, it was pretty clear he didn't grasp the concept of writing a letter.

Elizabeth May's Fact Sheet Is More of an Opinion Sheet

Kenneth P. Green | Posted 03.24.2014 | Canada Politics
Kenneth P. Green

Recently, Green Party leader Elizabeth May orchestrated an open letter to United States Secretary of State John Kerry, urging the U.S. to reject the Keystone XL pipeline. In her note, Ms. May states that she sent Mr. Kerry "4 facts about Keystone XL." Unfortunately, two of Ms. May's facts aren't actually facts, and two of her facts are so lacking in context as to constitute merely factoids.

Sluggish Economy Is New Normal, Bank Of Canada Says

CP | The Canadian Press | Posted 03.19.2014 | Canada Business

HALIFAX - The loonie fell sharply Tuesday after Bank of Canada governor Stephen Poloz delivered a gloomy speech saying slow economic growth is probabl...

The Dangerous Mistake U.S. Retailers Make in Canada

Ben Hanuka | Posted 03.06.2014 | Canada Business
Ben Hanuka

More than a mere few US retailers assume that expanding into Canada, because of its relatively small population (the population of California alone, at about 38 million, is larger than Canada's roughly 35 million), is akin to expanding into just another state. Making this assumption -- blindsided by the admittedly vast similarities across all walks of life -- is downright dangerous.

Cold December Can't Slow Down Canadian Economy

CP | Julian Beltrame, The Canadian Press | Posted 02.28.2014 | Canada Business

OTTAWA - Canada's economy showed surprising strength at the end of last year, shaking off the December deep freeze and weakness in the United States t...

Canadian Trade: Pros and Cons for 2014

Peter Hall | Posted 04.20.2014 | Canada Business
Peter Hall

When international trade collapsed in 2009, the Canadian economy turned inward, and for a change, discovered a steady source of growth. That source is now tapped out, and economy-watchers have for some time turned their eyes back to trade. So far, the view has been uninspiring. Will Canadian trade carry growth forward, or is our hopeful gaze in for a big disappointment?

Economy Grows For 5th Straight Month

CP | Malcolm Morrison, The Canadian Press | Posted 04.02.2014 | Canada Business

OTTAWA — The economy grew by 0.2 per cent month over month in November, boosted by the resource sector and marking the fifth straight monthly increa...

Turns Out Job Numbers Even Worse Than Thought

The Huffinngton Post Canada | Daniel Tencer | Posted 01.30.2014 | Canada Business

Canada’s job growth fizzled at the end of 2013, and new numbers from StatsCan suggest the situation may be even worse than previously reported. S...

Forecast: 70-Cent Loonie Coming

The Huffington Post Canada | Posted 01.29.2014 | Canada Business

A California hedge fund manager who notoriously went all-in against the Canadian economy last year expects the loonie to fall to 70 cents. Vijai Mo...

#2 In The World!

The Huffington Post Canada | Daniel Tencer | Posted 01.25.2014 | Canada Business

From surprisingly bad job numbers to an export economy that just won’t kick-start, Canada’s had some bad economic news lately. So here’s a r...

Get Ready For Rising Interest Rates

CP | The Canadian Press | Posted 03.10.2014 | Canada Business

TORONTO - Bank of Canada governor Stephen Poloz has cited "underperforming" inflation and a slow rebound in exports among his major concerns for the e...

Canada's Trade Numbers Raise Questions About Health Of Economy

CP | The Canadian Press | Posted 03.09.2014 | Canada Business

OTTAWA - Canada's trade deficit edged higher in November as imports inched higher and exports stalled, raising questions about just how well the econo...

Ontario Needs a Real Economic Plan for 2014

John Laforet | Posted 02.26.2014 | Canada Business
John Laforet

Ontario's economy is ailing and it will take more than massive subsidies to already profitable businesses to rebuild. Small business owners in Ontario don't need to wait for Stats Canada's economic indicator reports to know what is happening in the economy, we feel it every day.

Sunny Freeman

Biggest Risks Canada's Economy Faces | Sunny Freeman | Posted 01.25.2014 | Canada Business

2014 is a welcome calendar change for many economy-watchers, as Canada this year saw some of the slowest economic growth since the Great Recession of ...

'Wait Until Next Year' Should Be Canadian Economy's Motto

CP | Julian Beltrame, The Canadian Press | Posted 02.22.2014 | Canada Business

OTTAWA - Wait until next year.It's a familiar refrain for sports teams, but the premise is getting old for Canadians awaiting the return of an economy...

12 Questions Hanging Over Canada's Economy

The Huffington Post Canada | Daniel Tencer | Posted 01.23.2014 | Canada Business

There are known unknowns, and there are unknown unknowns, Donald Rumsfeld once famously (and confusingly) said. If he'd been clearer about it, he ...

Economy Beats Estimates

CP | The Canadian Press | Posted 02.22.2014 | Canada Business

OTTAWA - The economy grew by 0.3 per cent in October, the fourth consecutive month-month increase, with the battered manufacturing sector and service ...

U.S. To Outgrow Canada For Years

The Huffington Post Canada | Daniel Tencer | Posted 01.25.2014 | Canada Business

So much for Canada’s economic miracle. After years of stagnation, the U.S. economy is set to outgrow Canada’s for at least the next two years, ...

The Problem With Canada's Unsustainable Health System

Natasha MacDonald-Dupuis | Posted 02.11.2014 | Canada Business
Natasha MacDonald-Dupuis

Canada ranks as the fifth most expensive country of the OECD in terms of per capita health care expenditures, dedicating resources equal to a whopping 11.4 per cent of GDP to health care. In spite of these tremendous costs, Canadians remain immensely proud of their health care, and often grow exceedingly reluctant at the idea of rethinking the system. But our current system cannot sustain itself.