Economic Indicators

RBC Q4 2012 earnings up 17%

Royal Bank of Canada has reported record net income of $7.5 billion for the year ended October 31, 2012, up $1.1 billion or 17% from the prior year.

By Staff |November 29, 2012

2 min read

Will Carney live up to his reputation?

Carney faces a tough road ahead, so many now feel obliged to offer him advice and tips on how to survive his stint in the UK.

By Wire services |November 29, 2012

2 min read

B.C. economy to grow 2%

British Columbia’s output is anticipated to grow 2% in 2012 and 2013, keeping pace with the national average, says Warren Jestin, Scotiabank’s senior vice president and chief economist. “The province should remain a healthy performer,” he says. “Domestic demand from consumer spending and business investment—particularly in the mining sector—is leading the way.” Read: High paying […]

By Staff |November 29, 2012

2 min read

Buffett reiterates call for higher taxes

Billionaire Warren Buffett is again calling for higher taxes on the ultra-rich.

By Staff |November 28, 2012

1 min read