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Economy News

Economists cut Canada’s growth forecasts ahead of official word on recession
Economists are shaving their growth forecasts for 2015 ahead of a Statistics Canada report this week that is widely expected to confirm that Canada slipped into recession earlier this year.
Posted on 8-31-2015 at 7:28 AM
Moody's cuts 2016 global growth forecasts
Credit rating firm Moody's cut its 2016 global economic growth forecasts on Friday, with China and United States both trimmed and Russia and Brazil seen staying in recession.
Posted on 8-28-2015 at 1:48 PM
Fed officials pushing for rate hike unfazed by market turmoil
Recent market turmoil should not delay the Federal Reserve from raising interest rates at least once, given that the global equities selloff and China's economic slowdown have had little effect on the U.S. economy, a top Fed official said on Friday.
Posted on 8-28-2015 at 1:56 PM
Those who bet against Canada pay the price: Pimco's Ed Devlin
Housing has been fueled by record low interest rates, but the Bank of Canada has done a good job of managing the economy through the “shock” of low oil prices, says Ed Devlin.
Posted on 8-27-2015 at 1:55 PM
'Crisis management' at Bank of Canada will prompt another rate cut: BNP Paribas
Even after two rates cuts this year that were intended to provide "insurance" against the economic fallout from lower oil prices, BNP Paribas is making the case for more stimulus from the Bank of Canada.
Posted on 8-26-2015 at 5:46 PM
The top 10 skills Canadian employers are looking for
Education and experience may make you qualified for a job, but there are plenty of other strengths that companies are looking for that might matter even more.
Posted on 8-26-2015 at 12:34 PM
'No possible way' Fed raises rates in September: Rosenberg
One of Bay Street’s most prominent economists is ruling out the possibility of Fed liftoff next month and argues the correction that gripped global markets over the last week was a long time in coming.
Posted on 8-25-2015 at 1:40 PM
Ontario urged to modernize regulations for the Uber era
Governments and tax regulators should modernize the rule book for the so-called sharing economy, where the likes of Uber Technologies and Airbnb are already challenging the status quo, according to a new study by the Ontario Chamber of Commerce.
Posted on 8-25-2015 at 8:31 AM

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