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Economy News

Royal Bank of Canada selling Suriname unit to Republic Bank
Royal Bank of Canada said on Wednesday it has entered into a definitive agreement to sell its Suriname operations to Republic Bank Ltd, as it continues to exit some of its marginal operations in the Caribbean region.
Posted on 4-01-2015 at 11:20 AM
Oil gains in New York after report shows crude output drop
Oil advanced after a government report showed that U.S. crude production declined from the highest level in more than three decades.
Posted on 4-01-2015 at 11:53 AM
Canada's economy at a glance
Statistics Canada says the country's gross domestic product fell 0.1 percent in January, weighed down by weakness in the wholesale and retail sectors. Here's a break down of Canada's entire economic picture.
Posted on 3-31-2015 at 11:32 AM
Rising oil output gave Canada's economy a surprise cushion
GDP fell 0.1% in January, shrinking less than economists forecast, as rising oil production offset declines by wholesalers and retailers.
Posted on 3-31-2015 at 8:43 AM
Joe Oliver, economists to meet April 9 for pre-budget talk
Finance Minister Joe Oliver will meet with private sector economists April 9 for one final check in on the state of the economy before the Conservative government tables its pre-election 2015 budget.
Posted on 3-30-2015 at 2:29 PM
'We had no idea': 1,500 Future Shop employees suddenly out of work
Most of the affected workers showed up for their quarterly staff meetings on Saturday morning with no knowledge that they were about to be let go.
Posted on 3-28-2015 at 6:51 PM
Poloz says Canada stimulus needed to avoid slide into recession
Bank of Canada's Stephen Poloz said policy stimulus is needed to prevent the world’s 11th largest economy from falling back into a recession.
Posted on 3-27-2015 at 3:13 PM
Widespread tax hikes announced in Alberta budget
Virtually every tax paying resident of the province will be contributing more to Alberta's coffers almost immediately.
Posted on 3-26-2015 at 5:27 PM

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