Economics

Industry

Corporate Canada failing to drive growth: Carney

Mark Carney says Canada's publicly traded companies aren’t taking advantage of ultra-low interest rates.

August 22, 2012

2 min read

Industry

Fed leans toward further easing

If the global economy fails to grow substantially in coming months, further stimulus will be essential, says the minutes of the Fed's July 31-August 1 Federal Open Market Committee meeting.

August 22, 2012

2 min read

Industry

Entrepreneurs should invest in innovation: Paradis

The Honourable Christian Paradis, minister of industry and minister of state, has emphasized jobs, growth and long-term prosperity as key government priorities During an address to the Alberta Enterprise Group, he said, “Our government has worked to strengthen Canada’s business climate, making it one of the most attractive in the world. Our world is becoming […]

By Staff |August 21, 2012

1 min read

Industry

Canadian banks are safe

Investors worldwide are deeply concerned about the stability of their banks. Canadians, though, have nothing to worry about, with seven of our banks listed on Global Finance’s 21st annual ranking of the world’s 50 safest banks.

By Staff |August 20, 2012

1 min read

Manulife reduces earnings targets

Volatile equity markets and weak interest rates battered Manulife Financial’s Q2 2012 earnings, forcing it to report its fifth loss in the past ten quarters. Following news that low rates could cost insurers millions in the next few years, the company released its earnings. Overall, Manulife posted a $300-million loss in its second quarter, saying […]

By Wire services |August 10, 2012

2 min read

Infrastructure boost would spur growth: CIBC

If Canada’s growth stalls, the government will be pushed to find fresh ways to spur the economy and fire up investors. The country’s best option, in that case, would be ramping up spending on infrastructure rather than trimming interest rates, says a new CIBC World Markets report. Read: Infrastructure helps weather downturns and Infrastructure spending […]

By Staff |July 30, 2012

2 min read

Profits sliding for U.S. blue chips

Wall Street analysts are scaling back their growth expectations for the largest U.S. companies; an early warning sign the country is hovering on the edge of a recession, reports the Financial Times. They predict the revenue of leading U.S. blue chip companies will rise at an annual rate of 1%-to-1.5% during the third quarter of […]

2 min read

High paying jobs drive growth: CIBC

There were 155,000 new jobs in Canada in the first half of 2012. And the majority of these positions were high paying, finds CIBC. The number of full-time paid employees in petroleum and coal manufacturing, oil and gas extraction, heavy and civil engineering construction and transportation equipment manufacturing increased 1.6%, says Benjamin Tal, deputy chief […]

By Staff |July 12, 2012

2 min read

Economics

Corporate Canada failing to drive growth: Carney

Fed leans toward further easing

Entrepreneurs should invest in innovation: Paradis

Canadian banks are safe

Manulife reduces earnings targets

Infrastructure boost would spur growth: CIBC

Choose China over India

Profits sliding for U.S. blue chips

Bloated financial sectors weigh on economies: study

High paying jobs drive growth: CIBC