Canadian Economy

Dollar Up, As Economy Rebounds Sharply

CP | Malcolm Morrison, The Canadian Press | Posted 08.29.2014 | Canada Business

TORONTO - The Canadian dollar was higher Friday as data showed the economy grew more than expected in the second quarter.The loonie was up 0.08 of a c...

How Canadian Companies Are Adding Emerging Markets To Their Export Strategy

Peter Hall | Posted 08.21.2014 | Canada Business
Peter Hall

The tech wreck, the thickening border with the U.S. and the soaring loonie in the mid-2000's turned the attention of Canada's exporters to fast-growing emerging markets. In a relatively short time span, our trade with this rapidly-rising part of the global economy has risen from less than 5 per cent to almost 13 per cent of our merchandise exports.

Are Exports Driving Our Economy?

Peter Hall | Posted 08.14.2014 | Canada
Peter Hall

OK, you're right -- this is really last week's news. But it is worth repeating. For a good many months now, economy watchers of many stripes have been...

Canada's Manufacturing Crisis Is Worst In Developed World

The Huffington Post Canada | Daniel Tencer | Posted 08.08.2014 | Canada Business

We’re often told that Canada’s crisis in manufacturing is a global problem, one that we alone can do little to address. Competition from devel...

Canada's Big Pharma Should Do What It Does Best

Joseph Soares | Posted 08.07.2014 | Canada Business
Joseph Soares

Back in 2012, things looked grim for Canada's Big Pharma industry. A significant number of the industry's high-earning products were about to lose their patent protection, and face replacement by low-margin generics. But Canada's pharma industry, the eighth largest in the world, maintained its levels of innovation as well as formulating an innovative and successful business strategy.

Canada's Economy Surprises To The Upside

CP | Julian Beltrame, The Canadian Press | Posted 07.31.2014 | Canada Business

OTTAWA - Canada's economic output picked up speed to a a 0.4 per cent pace in May, setting the stage for a second quarter expansion that is expected t...

Ottawa's Deficit Spending Needs to Stop

Sean Speer | Posted 07.29.2014 | Canada Business
Sean Speer

The federal government now appears once again poised to balance its budget after several years of deficit spending. A step backwards in the direction of borrowing and spending more would be a huge loss with little economic reward.

In Canada, How You Feel About The Economy Depends On Where You Live

CP | Julian Beltrame, The Canadian Press | Posted 07.29.2014 | Canada Business

OTTAWA - Canadians are becoming increasingly pessimistic about the economy and the availability of jobs — except those in the booming West — a new...

IMF: U.S. A Drag On Canada's Economy

CP | Julian Beltrame, The Canadian Press | Posted 07.24.2014 | Canada Business

OTTAWA - The International Monetary Fund says Canada's economy will be a little weaker this year than previously projected, although it will continue ...

Look Who's About To Replace Quebec As 2nd-Largest Economy

The Huffington Post Canada | Daniel Tencer | Posted 07.23.2014 | Canada Business

If trends continue, Alberta will have a larger economy than Quebec within three years, according to estimates from financial news service Bloomberg. ...

Canada Should Catch This Economic Wave

Peter Hall | Posted 07.17.2014 | Canada Business
Peter Hall

Canada has huge potential and great planet-wide visibility as the global investment wave builds. In the time that it takes for the wave to crest, it will be important for companies, institutions and analysts to position ourselves to catch this one as best we possibly can.

Canadian Companies Lag Global Peers In Investment: Study

CP | Julian Beltrame, The Canadian Press | Posted 07.17.2014 | Canada Business

OTTAWA - Canadian companies are falling behind rivals in the rest of the world in terms of investment, according to a new report from the C.D. Howe In...

Businesses Losing Their Oomph

CP | Julian Beltrame, The Canadian Press | Posted 07.07.2014 | Canada Business

OTTAWA - The Bank of Canada says Canadian firms are confident about future prospects and the economy — although they are still not totally sold on a...

Canada's GDP 'Disappointing' In April

HuffPost/CP | Craig Wong, The Canadian Press | Posted 08.30.2014 | Canada Business

Canada's economy grew by 0.1 per cent in April, about half the pace economists were expecting. At an annual pace, Canada's economy is on track to g...

This May Be The Scariest Chart Yet On Canada's Economy

The Huffington Post Canada | Daniel Tencer | Posted 06.05.2014 | Canada Business

StatsCan released a pretty unimpressive trade balance report on Wednesday, showing the country swinging to a $638-million trade deficit in April, from...

BoC Fears 'Downside Risks'

CP | Julian Beltrame, The Canadian Press | Posted 08.04.2014 | Canada Business

OTTAWA - The Bank of Canada is keeping its trend-setting interest rate at one per cent, saying economic conditions had worsened somewhat in the past f...

Whoa, Didn't See That Coming

CP | Julian Beltrame, The Canadian Press | Posted 07.30.2014 | Canada Business

OTTAWA - The brutal winter iced Canada's recovery to the worst growth rate in more than a year as businesses held off on investments and many other ke...

‘Canada's Economy Has No Engine'

The Huffington Post Canada | Daniel Tencer | Posted 05.09.2014 | Canada Business

If the percentage of Canadians with a job today were the same as it was before the last recession, Canada would have 665,000 more working people, acco...

How Lack Of Hockey Dragged Down Canada's GDP

HuffPost Canada/CP | The Canadian Press | Posted 06.30.2014 | Canada Business

Canada's economy grew in line with economists' expectations in February. StatsCan reported the country's GDP expanded 0.2 per cent during the month. ...

Canada's Two Economies Are Drifting Even Further Apart

CP | The Canadian Press | Posted 06.29.2014 | Canada Business

OTTAWA - A regional breakdown of economic performance suggests Canada's two economies drifted even further apart in 2013.Statistics Canada says in a n...

Canadians Can Bank On Low Interest

CP | The Canadian Press | Posted 06.24.2014 | Canada Business

SASKATOON - Canadians can expect to enjoy relatively cheap borrowing costs for some time to come — even after the economy returns to full capacity a...

Can Canadians Handle the Economic White Water Ahead?

Peter Hall | Posted 06.24.2014 | Canada
Peter Hall

Canada will see timely benefits as global trade picks up. Prospects for the domestic economy are not strong, but exports are already rising nicely. Domestic weakening should help to free up capacity for exports, which is running pretty tight in some industries. In others, there is capacity to absorb growth.

Uh Oh: BoC Lowers Forecast

CP | Julian Beltrame, The Canadian Press | Posted 06.16.2014 | 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 06.08.2014 | 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 06.07.2014 | 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...