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Economy News

Seven reasons to underweight Canada
This economist says Canada faces 7 major headwinds going into the New Year.
Posted on 12-16-2014 at 11:19 AM
Canada's housing market overvalued by as much as 30%: Bank of Canada
The range is significantly higher than estimates by the International Monetary Fund (10 percent) and Canada Mortgage and Housing Corp., which judges there is a “moderate degree of overvaluation.”
Posted on 12-10-2014 at 10:52 AM
Petronas to hire hundreds of skilled foreign workers for B.C. LNG project
An LNG venture in British Columbia led by Petronas anticipates having to hire hundreds of skilled foreign workers during construction, underlining the skills shortage in Canada.
Posted on 12-10-2014 at 6:46 AM
Canada’s stock pillars are crumbling, fuelling concern for economy
Oil, bank and raw materials are the biggest laggards in Canada for the first time since at least 1988, fuelling concern the nation’s economy is fading just as the U.S. is taking off.
Posted on 12-09-2014 at 9:52 AM
Andrew McCreath: Why the loonie is sinking and the Fed will raise rates in early 2015
BNN’s Markets commentator says wages are rising in the U.S. – putting the Federal Reserve in a bind.
Posted on 12-05-2014 at 1:36 PM
Job losses and slower exports show weak Canadian recovery
Fewer jobs coupled with slowing exports point to a tentative economic recovery in Canada, even as the U.S. labour market powers ahead.
Posted on 12-05-2014 at 8:51 AM
Slumping Canadian dollar bounces back after BoC decision
Canada’s dollar climbed from almost a five-year low after the nation’s central bank cited growth in the economy.
Posted on 12-03-2014 at 10:49 AM
Prospect of earlier rate hike as Poloz signals stronger recovery
Bank of Canada governor Stephen Poloz says the economy may be stronger than he thought, raising the prospect of a rate hike before late 2015.
Posted on 12-03-2014 at 8:04 AM

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