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Retail sales unchanged in March, gas prices a drag

The value of Canadian retail sales in March was unchanged from February, due largely to the drag caused by lower gas prices, Statistics Canada said on Wednesday.
David Ljunggren, Reuters
Posted on 5-22-2013 at 8:55 AM

Carney says Europe needs big reforms

Europe could face a decade of stagnation unless it makes big reforms and should heed the lessons of Japan, Bank of Canada Governor Mark Carney said on Tuesday as he highlighted Japan's bold...
Louise Egan and Randall Palmer, Reuters
Posted on 5-21-2013 at 1:37 PM

OSFI's Dickson warns of the danger of low rates

Record low interest rates may be fueling asset bubbles and the eventual return to more normal rates could be "painful" for the country's largest banks, Julie Dickson, superintendent at the...
Brady Yauch, BNN.ca
Posted on 5-21-2013 at 11:11 AM

Paul Masson, fellow at C.D. Howe Institute

Central banks looking for an exit strategy

While central banks were celebrated for their bold steps in the wake of the financial crisis, how they exit those policies is proving to be far more difficult and contentious.
Brady Yauch, BNN.ca
Posted on 5-17-2013 at 1:45 PM

Avery Shenfeld, Chief Economist, CIBC World Markets

April inflation well under forecast, BoC range

Cheaper gasoline and cars helped Canada's annual inflation rate fall dramatically in April to 0.4 percent from 1.0 percent in March -- its lowest rate since 0.1 percent in October 2009,...
Reuters
Posted on 5-17-2013 at 8:42 AM

May U.S. consumer sentiment rises to highest in nearly 6 years

U.S. consumer sentiment rebounded in early May to the highest level in nearly six years as Americans felt better about their financial and economic prospects, particularly among...
Leah Schnurr, Reuters
Posted on 5-17-2013 at 10:27 AM

ECB to keep monetary policy loose for as long as needed

The European Central Bank will keep its loose and growth-supportive monetary policy stance in place for "quite a long time", ECB executive board members said on Friday.
Ingrid Melander, Reuters
Posted on 5-17-2013 at 8:13 AM

CPPIB notches 10% return, eyes infrastructure, private equity deals

The Canada Pension Plan Investment Board, one of the world's biggest dealmakers, said a glut of cheap capital may mean it makes fewer big purchases in 2014, but it sees big opportunities in...
Andrea Hopkins, Reuters
Posted on 5-16-2013 at 2:26 PM