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Economy News

No handouts, but ECB pledges loose policy ‘as long as needed’
European Central Bank President Mario Draghi brushed off German criticism of his ultra-loose monetary policy on Thursday and vowed to use all the tools at his disposal for "as long as needed."
Posted on 4-21-2016 at 10:28 AM
Joining TPP will yield limited gains for Canada, report says
Canada stands to make “relatively modest” economic gains by joining the Trans-Pacific Partnership, while the bulk of the spoils from the 12-country trade deal go to the United States, Japan and Vietnam.
Posted on 4-21-2016 at 8:43 AM
Canada might need more than three years to recover from oil slump: BoC
It could take Canada more than three years to recover from a shock caused by low oil prices, Bank of Canada Governor Stephen Poloz said on Wednesday, citing persistently negative factors in the economy.
Posted on 4-21-2016 at 7:39 AM
Bank of Canada’s Poloz says inflation target still ‘live issue’
The Bank of Canada is looking closely at what level of inflation it should aim for as it prepares for talks with the government about renewing its mandate, but the bar to change is still high, Governor Stephen Poloz said on Tuesday.
Posted on 4-19-2016 at 2:41 PM
Federal deficits won't be as deep as forecasts: PBO
The parliamentary budget office projects federal deficits in each of the next five years won't be as deep as those in Ottawa's forecasts.
Posted on 4-19-2016 at 10:51 AM
Trudeau announces $50M for Perimeter Institute during budget tour
The federal government is allocating $50 million over five years to the Perimeter Institute in Waterloo, Ont.
Posted on 4-15-2016 at 11:54 AM
Chinese economy shows signs of debt-fueled recovery
China posted its slowest economic growth since 2009 but a surge of new debt appears to be fueling a recovery in factory activity, investment and household spending in the world's second largest economy.
Posted on 4-15-2016 at 8:18 AM
David Rosenberg: Years of loonie weakness are about to pay off
David Rosenberg, the chief economist and strategist at Gluskin Sheff +Associates, says Canada’s economy has finally cast off the weight of several years when the currency was “too strong for its own good.”
Posted on 4-14-2016 at 3:31 PM

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