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Economy News

Canada calls for compromise over Greek debt situation
Finance Minister Joe Oliver called on Monday for compromise over Greece’s debt, telling Reuters that while Athens must not simply disavow its debt, its creditors needed to work with it for a compromise solution.
Posted on 2-09-2015 at 8:38 AM
Scrapping of long-form census causing long-term issues for business
A growing chorus of business groups and economists say the end of the long-form census is harming their decision-making and ability to make recommendations in areas such as where to offer services, locate stores and even determine in what professions to train students.
Posted on 2-07-2015 at 9:44 AM
Strong U.S. job, wage gains open door to mid-year rate hike
U.S. job growth rose solidly in January and wages rebounded strongly, a show of underlying strength in the economy that puts a mid-year interest rate increase from the Federal Reserve back on the table.
Posted on 2-06-2015 at 8:37 AM
Canada pumps out 35,400 jobs in January, mostly part-time work
The unemployment rate dipped close to a six-year low, as the economy added more jobs than economists forecast.
Posted on 2-06-2015 at 7:22 AM
Linamar CEO urges young people to consider high-paying trades jobs
The company pays its skilled tradespeople $83,000 a year on average with many of them making six figures.
Posted on 2-04-2015 at 10:25 AM
Macquarie sees loonie touching 69 cents after oil drop
The Canadian dollar will sink as low as 69 U.S. cents with little to drive the economy after oil’s collapse, according to Macquarie Group Ltd, joining a growing list of forecasters lowering their projections.
Posted on 2-02-2015 at 6:00 PM
Canada manufacturing growth weakest in 21 months in January
The pace of growth in the Canadian manufacturing sector cooled in January to its weakest level in over a year-and-a-half as new orders slowed and employment shrank, data showed on Monday.
Posted on 2-02-2015 at 9:44 AM

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