Economy

Canadian home sales rise

National home sales rose in June 2013.

By Staff |July 15, 2013

3 min read

Real estate investing drives U.S. housing

Investors have spiced up the U.S. housing recovery.

By Staff |July 15, 2013

2 min read

Game over for the loonie?

Although the loonie bounced back this week, it still trades at a low level relative to where it’s been for the past three years. Is the most recent decline a sign that the Canadian dollar is at the beginning of a longer-term drop against its U.S. counterpart?

By Gareth Watson |July 15, 2013

3 min read

Big Mac Index reveals Norwegians pay most for burgers

The Big Mac Index is The Economist’s way of analyzing purchasing-power parity, a theory that states in the long run, exchange rates should adjust so goods and services cost the same everywhere. Read: BoC will maintain inflation: Poloz The magazine uses McDonald’s Big Mac because it’s made with the same ingredients in almost every country […]

By Staff |July 12, 2013

1 min read