While the FIFA tournament was a national event, with six Canadian cities hosting games, Vancouver has been the big winner -- especially because the Americans made the final. While tickets for the championship match were sold out long ago, the influx of visitors from south of the border spiked spending this weekend.
It's safe to say this year's winter definitely had us looking forward to spring! We may have theoretically passed that long-awaited first day of spring, but in Canada, Mother Nature doesn't seem to be ready to give up with grace. To beat back our late winter blues, we rounded up top Canadian Instagrammers who've been capturing the beauty of Canada and the rest of the world, whatever the season.
Japan's net financial liabilities used to take it off the hook. However, they too have soared, and now stand well above Greece's, at 140 per cent, and rising. Many will argue that although these ratios seem impossibly high, the debt is mostly domestically owned, and thus not vulnerable to jittery foreign financial markets, currency fluctuations and the like.
Falling oil prices is expected to affect the Canadian economy. The low prices may have different effects on the Canadian economy and in various geographical locations of the country. The oil sands in Alberta require high oil prices for the extraction of oil to be feasible. A fall in oil prices may make the production of oil in Alberta economically unfeasible.
It is widely acknowledged that Japan needs more females in business to make up for a shrinking workforce and to boost economic growth and opportunity. With this admirable goal in mind, we must work to make Japan a nation where every individual, male and female, has equal opportunities to realize their full social, economic and political potential. As a Japanese youth, I am not afraid to break from traditional practices and defy what is expected of me. I am ready to pursue my own dream to become a fearsome business leader and 2014 G(irls)20 Delegate representing Japan.
In an unprecedented move, the Fed undertook an extraordinary experiment in monetary policy. Unable to further target an interest rate, already at zero, the Fed began announcing a quantity of cash that it would inject into the financial system by purchasing large numbers of government bonds and other highly-rated securities, and replacing them with cash.
A personal introduction in advance will make your visit all the more enjoyable. Both Japanese and Chinese cultures view it as a sign of respect to extend themselves on behalf of a mutual friend, and you may find that they go to significant personal inconvenience and expense to make you feel welcome.
Pessimism is a hallmark of the post-crisis period, and it was with us for so long, we almost didn't notice. Confidence -- its polar opposite -- is one of those necessities that we take for granted. That is, until they are taken away. Without confidence, at best we cower in the shadows, coming out to carry on basic activities, and scurrying back for shelter. At worst, it causes the collapse of financial systems and the distribution of goods and services -- in a word, chaos. But this year, we regained something: hope.
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.
During recessions, American sentiment is typically volatile. One of the most remarkable recent developments in the world economy is the change in U.S. sentiment. After three failed attempts, the Conference Board Index of Consumer Confidence has finally and convincingly popped back into the "normal" zone.
For centuries, bees have been a steady part of agriculture. However, in the last decade, due to a rather pesky germ and modern day crop management, this stability has been threatened. What's worse is that the impact could lead to less choice at the grocery store and inevitably higher prices. This past week, scientists definitively found the source of the bee population downturn. Unfortunately, it may be a case of too little, too late.
These flows provide us with access to key resources, fast-growing markets and allow for production systems that are better aligned to country or regional economic attributes owing to the efficiencies of global supply chains. As such, it is essential to keep a close eye on global investment movements. What can we say about recent activity?
There's a sour seasonality that has become entrenched in recent global economics. In the past few years, summer has become a disarmingly punctual momentum-killer of global production. Perhaps the most critical question in EDC's Summer 2013 Global Export Forecast is whether we are in for yet another summer drubbing, or whether this is the year we break with that sorry tradition.
At a recent seminar in Tokyo designed to generate investment in Canada's natural resource sector, the interest among Japanese investors was evident. But it was equally clear that Canada faces stiff competition to woo investors. Simply repeating that "Canada is open for business" and expecting the investment dollars to roll in won't work.