Canadian Economy

CP

Canadians Can Bank On Low Interest

SASKATOON - Canadians can expect to enjoy relatively cheap borrowing costs for some time to come — even after the economy returns to full capacity and the Bank of Canada starts hiking interest rates,...
CP

Uh Oh: BoC Lowers Forecast

OTTAWA - Bank of Canada governor Stephen Poloz says he has not ruled out a future cut to interest rates despite evidence disinflationary pressures appear to be waning and his belief that the global an...
AP

IMF Warns Canada On Housing, Debt

OTTAWA - The International Monetary Fund has again upgraded its projection for Canada's economy, but the latest outlook from the international financial organization shows it is far from sold on the c...
CP

Latest Economic Outlook Suprisingly Rosy

OTTAWA - The latest Bank of Canada survey on business sentiment finds a decidedly more positive outlook, and that may be good news for Canadian workers.The influential quarterly survey of 100 represen...
CP

Elizabeth May's Fact Sheet Is More of an Opinion Sheet

Recently, Green Party leader Elizabeth May orchestrated an open letter to United States Secretary of State John Kerry, urging the U.S. to reject the Keystone XL pipeline. In her note, Ms. May states that she sent Mr. Kerry "4 facts about Keystone XL." Unfortunately, two of Ms. May's facts aren't actually facts, and two of her facts are so lacking in context as to constitute merely factoids.
ASSOCIATED PRESS

The Dangerous Mistake U.S. Retailers Make in Canada

More than a mere few US retailers assume that expanding into Canada, because of its relatively small population (the population of California alone, at about 38 million, is larger than Canada's roughly 35 million), is akin to expanding into just another state. Making this assumption -- blindsided by the admittedly vast similarities across all walks of life -- is downright dangerous.

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?
CP

Economy Grows For 5th Straight Month

OTTAWA — The economy grew by 0.2 per cent month over month in November, boosted by the resource sector and marking the fifth straight monthly increase, Statistics Canada said Friday. The increase matc...
CP

Ontario Needs a Real Economic Plan for 2014

Ontario's economy is ailing and it will take more than massive subsidies to already profitable businesses to rebuild. Small business owners in Ontario don't need to wait for Stats Canada's economic indicator reports to know what is happening in the economy, we feel it every day.
CP

Economy Beats Estimates

OTTAWA - The economy grew by 0.3 per cent in October, the fourth consecutive month-month increase, with the battered manufacturing sector and service industries making significant gains.The results ca...
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The Problem With Canada's Unsustainable Health System

Canada ranks as the fifth most expensive country of the OECD in terms of per capita health care expenditures, dedicating resources equal to a whopping 11.4 per cent of GDP to health care. In spite of these tremendous costs, Canadians remain immensely proud of their health care, and often grow exceedingly reluctant at the idea of rethinking the system. But our current system cannot sustain itself.
CP

Economy Weaker Than It Appears: BoC

OTTAWA - The Bank of Canada says it sees some encouraging signs in the Canadian and global economies, but warned inflation remains too low to justify moving off its view that the recovery remains frag...