Economics

Canada’s new venture capital plan problematic: IIAC Fallback Image Decorative pattern

Economic Indicators

Canada’s new venture capital plan problematic: IIAC

The federal government’s new venture capital plan will help determine Canada’s competitiveness, but it has its challenges.

By Staff |February 15, 2013

2 min read

Sharp contraction in Eurozone economy Fallback Image Decorative pattern

Economic Indicators

Sharp contraction in Eurozone economy

The Eurozone’s fragile economic recovery hit another bump as official data for the fourth quarter of 2012 show a 0.6% quarter-on-quarter contraction. This is the fastest rate at which the bloc has shrunk since the 2008 crash, deepening the region’s recession, reports FT.com As a result, the euro, whose recent gains fuelled worries about the […]

By Staff |February 14, 2013

1 min read

Mid-sized firms buckling under economic pressure Fallback Image Decorative pattern

Industry

Mid-sized firms buckling under economic pressure

Canada’s mid-sized companies, a key economic engine, saw their numbers decline by 17% – 9,370 to 7,814 – from 2006 to 2010, shows a study by the Business Development Bank of Canada (BDC). Hardest hit was the manufacturing sector, which saw over half its mid-sized firms vanish between 2001 and 2010 from 2,807 to 1,381. […]

By Staff |February 13, 2013

2 min read

U.S. should focus on boosting employment Fallback Image Decorative pattern

Economic Indicators

U.S. should focus on boosting employment

The Federal Reserve’s vice chair, Janet Yellen, says the U.S. should focus on creating jobs.

February 12, 2013

1 min read