Us Economy

How Small Businesses Get Big International Results

Its small share of the overall marketplace might lead many to conclude that small exporters are too small to warrant attention. That would be a great mistake. The dynamism of this segment suggests that it is already a powerful new force in Canada's economy.
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Why Companies in These Markets Are in a Buying Mood

As America is the world's growth engine, it's critical to know what its buyers are saying. The news is not just good; it's great. Manufacturers were discouraged by the poor winter weather, but they got over it; the index is now back to the heights seen last fall, and rising. New orders are leading the charge, up sharply in the last three months.

Global Economic Projections

The world economy has been going through rapid changes for the last few decades. The emerging economies, led by China, have grown at a rapid pace. This rapid growth has led to restructuring of the wor...

Canadian Trade: Pros and Cons for 2014

When international trade collapsed in 2009, the Canadian economy turned inward, and for a change, discovered a steady source of growth. That source is now tapped out, and economy-watchers have for some time turned their eyes back to trade. So far, the view has been uninspiring. Will Canadian trade carry growth forward, or is our hopeful gaze in for a big disappointment?
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Thinking Growth Markets? Think Mexico, Again.

One brief look at Mexico's GDP numbers for 2013, and you'd likely say, "What happened?" At the outset of the year, forecasts were calling for between 3-to-4 per cent growth. Instead, the final tally is looking more like 1.2 per cent. That's a pretty sizeable miss. If lots went wrong in the year, foreign investment in Mexico wasn't on that list; in fact, it had a banner year. What's behind this success?
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The Economic Indicators That Need Sober Second Thought

Leading indicators have gained more prominence in the post-crisis period, if only because the on-again, off-again economy has intensified scrutiny of shifts in momentum.If we are going to be months, or more realistically, years in unwinding extraordinary policy measures, which leading indicators can we rely on to point the way for the economy?
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Are the BRICS' Economies Slowing Permanently?

How the mighty are falling. Resilience was a word used liberally to boast of the BRICS countries' staying power in the post-crisis period. Many even ascribed global-growth-engine status to these rising powerhouses. But 2013 has been a second tough year for the August group, even as OECD nations are steadily returning to growth.

A Tale of Two Housing Markets: US and Canada

As of December, US housing starts are just shy of the million mark, up 37 per cent over December, 2011. In contrast, Canada's January starts plunged 20 per cent compared with year-ago data, eking out just 161,000 units. Are we headed for recession while the US economy recovers?
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Grab Your Goggles, We're Swimming in Oil

Surprise of the year: World oil production is rising more than was forecast. A shock? No, that's what happens when prices spike. What is surprising is that it's occurring right in our backyard -- in the good ol' USA. The bottom line? How quickly we have gone from running out of oil to being awash in the stuff. Maybe the surprise is that we are surprised that history is merely repeating itself!
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Canadian, U.S. Cities Sound Similar Notes On Infrastructure Funding

The New American City being held this week in Kansas City, Mo. will draw business and local government leaders from more than 50 U.S. and Canadian cities. They'll be arguing the crumbling infrastructures whose refurbishment we may view at net drains on our wallets in fact hold value and the potential for economic boom if they are properly rebuilt and maintained.
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Does the Loonie Trump the Greenback Yet?

Mention exchange rates and most Canadians will immediately assume U.S. dollars. With most of our trade still denominated in USD, the fixation is natural. China is seen by many as an upcoming reserve currency, but that day is still a long way off. On both Canadian and world stages, the greenback still takes the lead role. But as we move into the next growth cycle, others will play increasingly significant supporting roles.