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Economy News

Toronto condo market booming again
After years of slow growth, Toronto’s condo market has come roaring back to life.
Posted on 3-02-2015 at 7:54 AM
Don’t bet the factory on a low-loonie manufacturing revival
If you want to know why Canada’s plunging currency won’t benefit the manufacturing sector anytime soon, take a drive through Windsor, Ontario.
Posted on 3-02-2015 at 8:00 AM
OSC bans Conrad Black as director, officer of public firms
Conrad Black has been permanently banned from acting as a director or officer of a public company in Ontario, but has avoided a ban on trading securities.
Posted on 2-27-2015 at 10:19 AM
OMERS earns 10% return in 2014, reduces funding shortfall
The pension plan for Ontario municipal employees earned a 10-per-cent investment return in 2014 and reduced its funding shortfall as it continued to implement a new lower-risk investment strategy.
Posted on 2-27-2015 at 10:25 AM
U.S. economic growth rate revised down to 2.2%
With consumer spending accelerating at its quickest pace since the first quarter of 2006 and sturdy gains in other measures of domestic demand, the slowdown in growth is likely to be temporary.
Posted on 2-27-2015 at 9:03 AM
Poloz's surprise rate cut wasn't enough, March is 'the most likely timing': CIBC
"Looking at the bank's history, they usually go sequentially with interest rate cuts."
Posted on 2-27-2015 at 8:19 PM
Cheaper gas sends inflation rate to 14-month low
Gasoline prices slumped 26.9% in the 12 months leading up to January. But prices in seven of the eight major components of the Consumer Price Index were higher, led by more expensive food and shelter costs.
Posted on 2-26-2015 at 8:49 AM
Central banks should move beyond inflation targets, Poloz says
Stephen Poloz says the time has come for the Bank of Canada and other central banks to reinvent monetary policy by moving beyond solely targeting inflation.
Posted on 2-24-2015 at 2:37 PM

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