Economic Indicators

Economic Indicators

Canadian whisky maker sold for $185M

Forty Creek Distillery is being purchased by Italian premium spirits seller Campari, reports Reuters.

By Staff |March 12, 2014

1 min read

Economic Indicators

296,000 job vacancies nationwide in Q4

Employers reported about 296,000 open jobs in the fourth quarter of 2013, says the Canadian Federation of Independent Business' (CFIB).

By Staff |March 12, 2014

2 min read

Economic Indicators

A weak dollar may benefit Canada

A weaker loonie could strengthen exports.

By Suzanne Sharma |March 11, 2014

2 min read

Economic Indicators

Private equity buys Safeway for $9B

Grocery chain Safeway was bought by Cerebus Capital Management yesterday in a $9 billion deal, reports the New York Times.

By Staff |March 7, 2014

1 min read

Economic Indicators

More traders suspended in currency probe

Two more British traders have been suspended as the probe into exchange rate manipulation continues on both sides of the Atlantic.

By Staff |March 7, 2014

1 min read

Economic Indicators

Bitcoin’s mysterious founder unmasked?

Like many of the transactions conducted with Bitcoin, the person who invented the leading digital currency is anonymous.

By Staff |March 7, 2014

1 min read

Economic Indicators

Fed must stick with jobs mandate

At long last a woman has taken the helm of the world’s most powerful central bank. Too bad this historic appointment comes when monetary policy, the chief weapon central banks wield to regulate economies, has all but lost its effectiveness. While there’s never a bad time to take a whack at the glass ceiling, I fear Barack Obama’s appointment of Janet Yellen to succeed Ben Bernanke as Federal Reserve chair may prove inopportune.

By Philip Porado |March 7, 2014

3 min read