A weaker Canadian dollar poses a threat to imported inputs to Canada's production machine, and to future Canadian investments abroad. But the soaring U.S. dollar isn't the only currency in play. Movements in other currencies are less dramatic. Perhaps this is an opportunity to scan the globe both for inputs to our production process and for direct investment undertakings in less-traditional markets.
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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 looking to Canadian exporters to take the wheel a...
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We expect developing markets to re-emerge. They've gone quiet in the past couple of years, weary of waiting for the world's large economies to get going again. Their recent record has persuaded pundits to throw them into the 'new normal' soup.
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Exporters are less upbeat about domestic economic conditions. The balance of opinion for this indicator was the only one to fall, edging back marginally to 13 per cent. Paradoxically, they are more positive about domestic sales, where the balance of opinion rose 9 percentage points to 43 percent of those surveyed.
The world is getting hungrier. It has been said many times, but it bears repeating: the rise of emerging markets over the past three decades is now vaulting millions into the ranks of the middle class every year.
OTTAWA - Canada's economy put it a solid if unspectacular performance in August, fuelled by a continuing rebound in the oil and gas sector .The 0.3 per cent monthly pick-up surpassed economist expecta...
Canada's overall numbers are not as impressive, but they reflect the growth rotation that will see exports and business investment grab the baton from the consumer and housing sectors. Conditions already favour export growth: a weakening loonie, a surge in leading sectors, a key export market that is leading the way, and strong demand for resources.
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PARIS - A leading international economy body says the global economy is beginning to rebound, but Canada is lagging several other members of the Group of Seven countries.The OECD estimates Canada's ec...
OTTAWA - Almost four years removed from the start of the so-called economic recovery, 2013 could be the year Canada finally leaves the legacy of the Great Recession behind.It may not look like it from...
As a nation built to a great extent on immigration, Canada boasts a rich ethnic diversity. Census data show that by far, the largest group has its roots in Western Europe. Analysts and policymakers often lament that economic growth does not reflect this makeup. Within the diaspora in Canada is a hidden goldmine of opportunity to further connect and trade with the fastest-growing markets of the world.
Economically, Canada is doing fine and has taken action to address challenges, but a recent series of events and articles from Washington think tanks claim that the United States can fix its fiscal and economic problems by imitating Canada. Justin Bieber can sing "Never Say Never" forever, but I'll still stick with never.
(CP) -- OTTAWA - Real gross domestic product grew at an annualized rate of 3.9 per cent in the first quarter, after expanding 3.1 in the fourth quarter of 2010. By comparison, real GDP in the United S...