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Economy News

Canada had weak quarter but not in a recession: Economists
Canada isn’t in a recession – at least not yet. That’s the conclusion of the country’s unofficial arbiter of recessions, the C.D. Howe Institute’s Business Cycle Council, made up of 12 prominent economists.
Posted on 7-28-2015 at 7:25 AM
The Trans-Pacific Partnership and you: What the trade talks really mean
Here is what the international trade agreement being negotiated among a dozen countries means for Canada.
Posted on 7-27-2015 at 2:46 PM
Canadian consumer sentiment falls to 2-year low after rate cut
Canadians aren’t taking much comfort from the Bank of Canada’s efforts to stimulate the economy.
Posted on 7-27-2015 at 10:32 AM
The mighty U.S. economy isn't ready to rescue Canadian exports
“They’ve got job growth. They’ve got real income growth. They’re confident again... Put that all together. They should be spending. What are they doing?" Export Development Canada's Peter Hall asks about the U.S. consumer.
Posted on 7-24-2015 at 12:05 PM
Canada bouncing back, further rate cuts unlikely, economists say
The Canadian economy is already bouncing back from a slump in the first half of the year, but it remains vulnerable to further falls in oil prices and any renewed weakness in export demand from the United States, a Reuters poll found.
Posted on 7-24-2015 at 11:10 AM
New car purchases lift Canada retail sales to record in May
Canadian retail sales rose to a record in May with gains across most categories led by new automobile dealerships.
Posted on 7-23-2015 at 9:40 AM
3 headwinds that could push the loonie to 65 cents US
The plunging price of oil, weak commodity demand from China and the chance that the U.S. Federal Reserve will hike its key interest rate could put more pressure on the Canadian dollar, with one observer saying a 65 cent US loonie cannot be ruled out.
Posted on 7-22-2015 at 8:21 PM
Canada's surplus poised to erode amid shrinking economy: Watchdog
The Canadian government’s leeway to balance its budget is quickly diminishing amid a slumping economy triggered by an oil price shock, according to the country’s fiscal watchdog.
Posted on 7-22-2015 at 10:19 AM

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