Economy

2010: A realistic odyssey Fallback Image Decorative pattern

Economic Indicators

2010: A realistic odyssey

Canadians are generally optimistic about the economy in 2010. According to POLLARA’s survey of more than 4,200 Canadians, 54% expect that the Canadian economy will improve this year, compared with only 20% in 2009, said Michael Marzolini, chair of POLLARA, speaking at the Economic Club of Toronto (ECOT) recently. But while Canadians might be optimistic, […]

By Brooke Smith |January 7, 2010

2 min read

Canadians cautious in spending, investing Fallback Image Decorative pattern

Economic Indicators

Canadians cautious in spending, investing

The sluggish economic recovery and the roaring stock market returns of 2009 have left Canadians unsure of what comes next. Optimism toward the economy appears to be growing, but many remain cautious in both their spending and their investing habits. Canadians are evenly split on their views of the economy, with 51% saying it’s in […]

By Steven Lamb |January 4, 2010

3 min read

Regulators spur formalization of contingent capital Fallback Image Decorative pattern

Economic Indicators

Regulators spur formalization of contingent capital

The recent credit crunch has had a devastating impact on banks throughout the world, much to the chagrin of regulators entrusted with ensuring that bankers’ exuberance in good times didn’t lead them to over-reach. The response of governments has been unprecedented, with direct investments and guarantees to stave off financial collapse. There is broad agreement […]

By James Hymas |January 1, 2010

7 min read

Commodity rally to drive provincial recoveries Fallback Image Decorative pattern

Economic Indicators

Commodity rally to drive provincial recoveries

The chorus is growing louder, proclaiming recession ended in the third quarter of 2009. The latest voice in that choir is Scotiabank, where economists are predicting a muted and geographically uneven recovery. The bank spreads the credit around for ending the economic slump, pointing to consumer spending, government stimulus and a recovery in the credit […]

By Steven Lamb |December 23, 2009

2 min read