Commodities

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An Alternative To Commodity-Driven Development In Northern Canada

Combined with the dramatic crash in fox fur prices, significant changes in Canada's welfare system post-WWII left Northern communities in a state of dependence. Family allowances became the major source of income, adding pressure on Inuit communities to conform and "modernize" according to Western standards. By the 1960s, most Inuit abandoned their semi-nomadic lifestyle, some by force, to live in permanent settlements. This new way of life was in complete rupture with their past.
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Loonie, TSX End 2015 On A Weak Note

TORONTO — The Canadian dollar was holding steady as the Toronto Stock Exchange was set to begin the last trading day of 2015 much lower than it began the year. The loonie was at 72.07 cents U.S., up 0...

The Secret Benefits of Germs

Pathogens only make up a fraction of the diversity of germs on Earth and a number of environmental germs have been examined for their financial and environmental benefit. For the most part, these germs are unknown and kept away from the science spotlight.
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Loonie Falters on Volatile Commodity Prices

In its last statement, the Bank of Canada advised that an interest rate hike later this year was likely, but this may now be on hold given the recent turn of events. Indeed, some quarters are even suggesting that the Bank of Canada may be forced to lower rates, although this seems like a long shot.