Economy

Markets worried about U.S. default

Financial professionals are growing worried about the possibility that America may default if it doesn't raise the debt ceiling by Oct. 17, reports the Financial Times.

By Staff |October 2, 2013

1 min read

DB pension funding improves in Q3

Canadian defined benefit (DB) pension plans saw a marked improvement in solvency funding in Q3, finds the latest survey by Aon Hewitt.

By Staff |October 2, 2013

2 min read

Apple owns 10% of all corporate cash

A Moody’s analysis finds Apple Inc. holds almost 10% of all the corporate cash outside of financial companies, the Wall Street Journal reports.

By Staff |October 2, 2013

1 min read

Strengthen exports to developing economies, says BoC

Canada needs to export more to developing economies, which account for 80% of global growth, Bank of Canada senior deputy governor Tiff Macklem says.

By Jessica Bruno |October 1, 2013

3 min read