Economics

Canadians predict recession for U.S.: survey

Canadians are optimistic about our country’s financial outlook, but are anxious about the poor performance and weak recovery of our Southern neighbours, says a BMO Harris Private Banking study. Read: Canadian equities make a comeback Almost three-quarters (72%) are worried global economic troubles will impact Canada’s relative prosperity and their portfolios, with 41% predicting the […]

By Staff |July 12, 2012

2 min read

Consumer spending up 4% in Q2

Canadian consumer spending has increased steadily since the beginning of 2012, says Moneris Solutions.

By Staff |July 11, 2012

1 min read

Business owner confidence nose-dives

Confidence among Canada’s small- and medium-size businesses slumped in June, falling from 64.8 to 62.1, says the Canadian Federation of Independent Business (CFIB) index. This drop wipes out the gains made over last year, when major concerns about Europe’s debt situation began to worry investors. Measured on a scale of 0 and 100, an index […]

By Staff |July 4, 2012

1 min read

Debt agreements boost European bonds

Last week’s European Council Summit surpassed the low expectations of investors.

By David Andrews |July 3, 2012

5 min read