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Canadian Economy

Does the Governor of the Bank of Canada Have to Be Canadian?

Robert Waite | Posted 05.02.2013 | Canada Politics
Robert Waite

We don't know for sure who will be tapped for the job of Governor of the Bank of Canada. What we do know is that the individual will be a Canadian. No other nationalities were invited to apply. But, in 2013, does such a citizenship restriction even make any sense? Or is it just another manifestation of good, old-fashioned Canadian parochialism?

Amid the Gloom of the Economy, There's a Silver Lining

Peter Hall | Posted 04.25.2013 | Canada Business
Peter Hall

Jitters about the economy's near-term future shroud the planet. The latest data aren't helping. But quietly, amid the gloom, there's a different story. Lending activity is beginning to improve.

Anti-Union Measures: Solution in Search of a Problem

Rick J. Smith | Posted 04.22.2013 | Canada Politics
Rick J. Smith

In every case, the government's anti-union measures are a solution in search of a problem. They are a transparent attempt to damage the financial viability of trade unions and they lay bare the hypocrisy of Conservative parties and governments who, while professing a commitment to streamline useless red tape for Canadian businesses, are ideologically driven to create a choking amount of red tape for trade unions.

America? Looking Up. Canada? Not So Much

CBC | Posted 04.19.2013 | Canada Business

New polls by Nanos Research reveal that while Americans are feeling better about the economy, Canadians are becoming more and more pessimi...

Carney Bailing On Canada At Just The Right Time: Analyst

The Huffington Post Canada | Daniel Tencer | Posted 04.18.2013 | Canada Business

Bank of Canada Governor Mark Carney warned on Thursday the bank could raise interest rates if the growth in household debt doesn’t slow. It was a...

Bad News, Canada

CP | Julian Beltrame, The Canadian Press | Posted 04.17.2013 | Canada Business

OTTAWA - The Bank of Canada sharply downgraded its expectations Wednesday on economic growth for the first half of this year, but held the line on off...

IMF Warns Canada Against Austerity

CP | Julian Beltrame, The Canadian Press | Posted 04.16.2013 | Canada Business

OTTAWA - With global finance ministers gathering in Washington this week, the International Monetary Fund is advising Canadian policy-makers against p...

Prepare For 2 Years Of Economic Pain, Thanks To Housing Bust

CP | Julian Beltrame, The Canadian Press | Posted 04.10.2013 | Canada Business

OTTAWA - A leading international forecasting firm says Canadians should brace for tough economic times lasting another two years, lifting the jobless ...

Business Investment: Ready to Roll?

Peter Hall | Posted 03.28.2013 | Canada Business
Peter Hall

The economic and financial meteorite that crashed into the world economy back in 2008 left a massive crater. Since then, policymakers have been scrambling to fill it in. All the while, many have cast a wistful, sardonic or resentful eye at a glaring anti-crater: the mountain of money accumulating on corporate balance sheets.

Guess What's Leading Canada's Economic Growth

CP | The Canadian Press | Posted 03.28.2013 | Canada Business

OTTAWA - The manufacturing sector helped drive the Canadian economy's return to better than expected growth in January after ending 2012 with a mild c...

Canadian Economy Actually Lagging U.S.

CP | The Canadian Press | Posted 03.28.2013 | Canada Business

PARIS - A leading international economy body says the global economy is beginning to rebound, but Canada is lagging several other members of the Group...

Loonie's Soaring Days Are Over: RBC

CP | Julian Beltrame, The Canadian Press | Posted 05.19.2013 | Canada Business

OTTAWA - Canada's largest bank is forecasting the economy will do slightly better than most expect in the next two years, and one reason why is that t...

Canadians Losing Faith In Economy: Poll

CBC | Posted 05.15.2013 | Canada Business

The latest polling numbers by Nanos Research show Canadians are losing confidence in the economy. Nanos Research asked Canadians if the...

Canada's Economic Ranking Jumps (For Depressing Reason)

CP | LuAnn LaSalle, The Canadian Press | Posted 05.14.2013 | Canada Business

MONTREAL - A new report says Canada has moved up its economic ranking to sixth out of 16 countries — but it's mostly due to the weakness of other co...

Is Now Really a "Great" Time to Take on Debt?

Steven Uster | Posted 05.07.2013 | Canada Business
Steven Uster

BMO's recent decision to lower its mortgage rates and potentially trigger yet another mortgage price war among Canadian banks. This has triggered a debate among analysts and commentators about the merits of debt -- one outlining this week why "it's a great time for Canadians to be in debt."

Wood Someone Check These Prices?

Peter Hall | Posted 05.06.2013 | Canada Business
Peter Hall

Commodity prices are all down, right? Wrong! Commodity prices have scored high on the economic shock-talk scale in the past decade. Although prices a...

Sunny Freeman

Why Canada's Economy Could Linger In Limbo For A Long Time

HuffingtonPost.com | Sunny Freeman | Posted 02.28.2013 | Canada Business

Help wanted: The Canadian economy seeks a new driver of economic growth. The position must be filled immediately to replace sectors – housing, co...

Canadian Corporate Profits In A Tailspin

CBC | Posted 04.30.2013 | Canada Business

Nik Nanos digs beneath the numbers with CBC Power & Politics host Evan Solomon to get to the political, economic and social forces that shape our live...

Five Tips for Expanding Your Business Internationally

Greg Hewitt | Posted 04.27.2013 | Canada Business
Greg Hewitt

With such a large portion of the Canadian workforce working in smaller enterprises, their contribution to international trade is anything but insignificant. Shipping outside of Canada involves complex logistics along with a lot of other factors for small businesses to consider. If you run a small business and are looking to ship internationally, here are five key considerations.

Is the Loonie Really Losing it?

Peter Hall | Posted 04.23.2013 | Canada Business
Peter Hall

Stable is not a word that can be used to describe much in today's economy. A notable exception is the Canadian dollar. The loonie has soared in a reasonably tight range around parity with the U.S. dollar for 3 years now. Although exporters would prefer a lower level, the stability has made activity and cash flows somewhat more predictable. Now, the loonie is losing some loft; what's happening?

A Tale of Two Housing Markets: US and Canada

Peter Hall | Posted 04.15.2013 | Canada Business
Peter Hall

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?

How a Small Mid-Western State Could Change Canada's Future

Nik Nanos | Posted 04.15.2013 | Canada Business
Nik Nanos

Americans and Canadians should take note -- beyond the surface in Ohio lies an incubator and perhaps even a model for what a future energy self-sufficient North American economy might look like. This should cause Canada to worry about moving from leader to laggard economically.

Canada's Economy Posts Surprise Results

CP | Hugh McKenna, The Canadian Press | Posted 04.02.2013 | Canada Business

TORONTO - Canadian economy grew slightly more than expected in November, bolstered by major industrial sectors, but the report from Statistics Canada ...

House Returns Amidst Money Trouble

CP | Bruce Cheadle, The Canadian Press | Posted 03.29.2013 | Canada Politics

OTTAWA - For a brief moment Monday, the House of Commons was in harmony.NDP Leader Tom Mulcair began the first question period of 2013 with an inquiry...

The U.S. Electorate's Message To Canada: Diversify Quickly

Kenneth P. Green | Posted 03.25.2013 | Canada Alberta
Kenneth P. Green

On November 6, 2012, the citizens of the United States decided to maintain, essentially, the status quo: they re-elected Barack Obama as President, left the United States House of Representatives solidly in Republican hands, and left the United States Senate under the control of the Democratic Party. But as with all U.S. elections, there are implications for Canada, which, for better or worse, is usually pulled by the tides of American regulation and economic prosperity - or the lack thereof.