Federal Budget Deficit For July Triples

Federal Budget Deficit For July Triples

09.30.2011
The federal budget deficit in July rose to $1.6 billion, compared with $0.5 billion in the same month a year earlier, the Finance Department...
Canadians Not Worried About Their Debt Levels: Poll

Canadians Not Worried About Their Debt Levels: Poll

09.15.2011
TORONTO - Two seemingly contradictory reports evaluating national debt levels tell the same stark truths about the rising severity of the...
Canadians' Household Debt Hits Record High

Canadians' Household Debt Hits Record High

Rachel Mendleson  09.13.2011
Household debt levels have reached a new high, increasing the vulnerability of average Canadians to unexpected economic shocks just at...
Canada Could Be The First Back In Recession: Scotia

Canada Could Be The First Back In Recession: Scotia

09.13.2011
OTTAWA - The Bank of Nova Scotia is warning that Canada could be among the first of the world's advanced economies to fall into a another...
5 Signs Canada's Economy Is Fizzling

5 Signs Canada's Economy Is Fizzling

Rachel Mendleson  09. 9.2011
Since the financial meltdown in late 2008, bad economic news has had a tendency to arrive all once. This has recently been the case in...
Could Canada's Recipe For Recovery Lead To Debt Disaster?

Could Canada's Recipe For Recovery Lead To Debt Disaster?

Rachel Mendleson  09. 8.2011
Consumer spending will be a crucial part of Canada's economic recovery, economists say, but with Canadians' debt levels already at record...
Canadian Banks Rake It In In 3rd Quarter

Canadian Banks Rake It In In 3rd Quarter

Mary Gazze, The Canadian Press  09. 1.2011
TORONTO - Strong retail banking numbers helped Canada's six biggest banks make a combined $4.56 billion in profits in the third quarter,...
TD Bank Warns Canada May Be In For Recession

TD Bank Warns Canada May Be In For Recession

08.24.2011
A major Canadian bank says the economy ground to a halt in the second quarter and could slip into recession if the United States continues...
Worse Than Last Time? Canada 'Highly Exposed' To U.S. Recession

Worse Than Last Time? Canada 'Highly Exposed' To U.S. Recession

08.23.2011
As worries about another U.S. recession mount, Canada's economy is highly exposed to any downturn and is less equipped to fight a slump...
Canadian Banks In Deep Trouble, U.S. Blogger Argues

Canadian Banks In Deep Trouble, U.S. Blogger Argues

Daniel Tencer  08.19.2011
Since the financial crisis of 2008, Canada’s banks have become the darlings of the financial world, lauded by experts and observers for...
Inflation Eases On Slower Gas Price Hikes

Inflation Eases On Slower Gas Price Hikes

Craig Wong, The Canadian Press  08.19.2011
OTTAWA - The pace of inflation eased in July as increases in the price of gasoline slowed, giving the Bank of Canada room to keep interest...
TD Bank Bets Big On Credit Cards

TD Bank Bets Big On Credit Cards

08.15.2011
TORONTO - TD Bank has agreed to buy the Canadian credit card business of Bank of America Corp., bulking up its position in the cards segment...
TD Bank Swipes Big Credit-Card Business

TD Bank Swipes Big Credit-Card Business

08.15.2011
TORONTO - TD Bank is boosting its stake in Canadian consumer debt with an agreement to buy the Canadian credit card business of Bank of...
Does Canada Really Need All These Budget Cuts?

Does Canada Really Need All These Budget Cuts?

Rachel Mendleson  08. 9.2011
With debt crises in the United States and Europe threatening to send a still-shaky world economy teetering over the edge, Canada’s finances...
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