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IMF warns global risks threaten Canada's economy
The International Monetary Fund is slashing its outlook for Canada as economic risks intensify, marking the sharpest downward revision of any advanced nation.
Posted on 10-06-2015 at 10:06 AM
New Volkswagen CEO tells staff to brace for ‘massive cutbacks’
New Volkswagen Chief Executive Matthias Mueller warned staff on Tuesday to brace for “massive cutbacks” in response to the diesel emissions scandal that has hammered the company’s stock and reputation.
Posted on 10-06-2015 at 9:52 AM
Harper promises $1B if re-elected to help auto sector after TPP deal
The federal Conservatives are committing to provide the auto industry with more than $1 billion over the next decade to help it cope with the elimination of tariffs as a result of the Trans-Pacific Partnership.
Posted on 10-06-2015 at 9:46 AM
U.S. trade deficit widens as exports sag, imports from China surge
U.S. exports took a hit from an ailing global economy in August and imports from China surged, fueling the largest expansion of America's trade deficit in five months.
Posted on 10-06-2015 at 8:58 AM
No relief for Canadian exporters as trade deficit widens
Canada’s trade deficit widened in August, as energy and consumer goods led the biggest drop in exports in more than three years.
Posted on 10-06-2015 at 8:43 AM
Nearly 1 in 6 couldn't handle $500 increase in mortgage payment: Poll
Nearly one in six Canadians would not be able to handle a $500 increase in their monthly mortgage payments, a new survey from the Bank of Montreal suggests.
Posted on 10-06-2015 at 8:30 AM
First Quantum to sell assets, reduce debt by at least $1B
First Quantum Minerals is seeking to slash outstanding debt by at least $1-billion US within six months as it scales back spending to offset low copper prices.
Posted on 10-06-2015 at 8:10 AM
Shell CEO sees first signs of oil price recovery
Oil markets are beginning to recover but the scale of global oversupply means prices may rise slowly, the chief executive of Royal Dutch Shell Plc said on Tuesday.
Posted on 10-06-2015 at 7:57 AM

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