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CALGARY — Commodity prices are tanking and they're bringing Canadian markets down with them, but experts say some provinces will be feeling the pinch more than others. "It'll feel like a recession dep...
The possibility of neither the Conservatives nor the Liberals winning the Oct. 19 federal election could be a negative for equity markets, according to a commentary issued by CIBC.
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The most talked-about election issue on Twitter is no longer the economy.
Colleges in Ontario and throughout the country have been working with small and medium-sized businesses on applied research projects to help businesses grow and innovate, as well as create new jobs. Applied research that Ontario's colleges conduct in partnership with business and industry will be central to our success when competing with international markets.
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Departing and arriving from airports are a necessary part of anyone's travel itinerary. But what's becoming increasingly clear is that the days when airports existed solely to move us from point A to point B are long gone. Airports are a lot more than just a corridor to drag your stuff through, or a place to hang your hat for a few hours.
On the surface it seems like a fabulous idea: Carve out a portion of your home, rent it out and use the rental income to pay your mortgage. You get to live basically "rent free" while at the same time reaping the tax benefits of writing off some of the costs associated with accommodating a rental apartment in your home.
In his first public comments of the campaign, Harper hit all three notes.
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In his first public comments of the campaign, Harper hit all three notes.
Canada's economic contraction accelerated in May, shrinking 0.2 per cent on the month, Statistics Canada said Friday. That marks the fifth straight month that the economy has shrunk, with every month...
Canada’s economy shrank in the first four months of the year, but the evidence does not show a recession and it’s “too soon to declare a downturn,” according to a poll of 12 prominent economists on a...
Recent polling suggests the $4 billion in Universal Child Care Benefit cheques the Harper government is mailing out this month is giving the Tories a boost in the polls. But there probably won't be a...
A majority of Canadians isn't buying Finance Minister Joe Oliver’s assertions that Canada has avoided a recession. Fifty-eight per cent of respondents in a new poll from Forum Research say Canada is i...
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Oliver says such a policy is "not on the table" because 90,000 jobs have been created this year.
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The Greek failure to successfully address tax evasion should prove instructive to Ontario Premier Kathleen Wynne, who in 2014 pledged to crack down on tax cheats. Greek measures to tackle evasion with enforcement have resulted in only small improvements. An enforcement only strategy should not be the model Ontario follows for tackling the underground economy. Relying on enforcement and punishment squeezes legitimate businesses who are already faced with high compliance costs and tax and regulatory burdens.
Demonstrating the Green Party's commitment to principled, thoughtful politics, each reason highlights a specific, deep-rooted problem and provides a long-term viable solution. The ultimate goal: build a better Canada for all Canadians, a Canada with a sustainable future grounded in responsible environmental stewardship, social justice and fiscal responsibility.
Although Canada is in a likely technical recession — defined as two consecutive quarters of negative growth — it's a recession that is contained, says former budget watchdog Kevin Page. "I...
Concerns that Canada has fallen into a recession have grown since new figures showed fourth straight month of decline in April.
Microfinance loans range from a few hundred to a few thousand dollars, depending on the need. They help low-income Canadians start small home-based business, assist new immigrants like Zorya in getting the training they need to practice their profession, and help vulnerable individuals--like women fleeing abusive relationships--get through personal crises. We love the idea that an innovation designed to help developing communities lift themselves out of poverty could also be key to unlocking Canada's entrepreneurial potential.
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As the country's leading staffing agency, we're able to identify trends shaping the world of work before they become official statistics. In analyzing our own data and combining it with anecdotal evidence from employers we work with, we've identified four key areas to watch as the year plays out.
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OTTAWA - The Bank of Canada says there is a divide in business confidence across the country as low oil prices weigh on the outlook for some regions more than others.The central bank's summer Business...
Who killed summer vacation? That's the million dollar question -- literally. Long gone are the days of casually taking a few weeks off with the family to go on a road trip, or jetting off to a remote destination where the real world ceases to exist. This is a problem.
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Finance Minister Joe Oliver denied it on Friday, but a growing number of economic analysts now say Canada is in a recession. The country's economy likely shrank at an annual rate of 0.6 per cent in th...
Canadians no longer need to make the false choice between the environment and the economy. On Monday in Vancouver, Justin Trudeau unveiled a detailed plan for real change that will create jobs, grow the economy and protect the environment.
Bank of America Merrill Lynch has become the first bank to call for a Canadian recession this year. Economist Emanuella Enenajor and her team now say that Canada’s economy will shrink by 0.6 per cent...
The odds that Canada will see a recession this year just rose considerably. Canada's economy shrank 0.1 per cent in April, StatsCan said Tuesday morning, the fourth consecutive month of negative growt...
Cut could come as soon as July 15 CIBC: 'Indebted households don’t need even lower borrowing costs' Poloz: Soaring household debt a necessary 'side effect' The surprisingly bad GDP readout for Apri...
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There is no denying that some Canadians and Canadian businesses are negatively affected by the current state of affairs in the economy, particularly in the energy sector. Global forces are at work, yet the constructive response is to put local forces to work by supporting Canadian small business. It's not just good for the economy, but it also builds stronger communities when we support our neighbours.
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Opposition to shale gas development has been fueled by fears that fracking could adversely affect our drinking water resources. A just-released study from the U.S. Environmental Protection Agency should help douse such fears. The exhaustive, 998-page report "did not find evidence that these mechanisms have led to widespread, systemic impacts on drinking water resources in the United States."
PARIS - The world economy risks being bogged down in a low-growth spiral unless measures are taken to spur demand and incite businesses to boost their stubbornly sluggish investments.That's the conclu...
Oliver says despite the impact on Canada, he absolutely supports the sanctions.
OTTAWA - Federal Finance Minister Joe Oliver says he won't discuss the prospect of a recession because he fully expects the economy to rebound after it shrank in the first three months of the year.Oli...