Economy

BoC maintains 1% overnight rate

The Bank of Canada today announced it's maintaining its target for the overnight rate at 1%.

By Staff |December 4, 2012

2 min read

Investors on edge as U.S. debates

Interest rates have remained stable in the U.S., but the continued fiscal debate is keeping investors on their toes.

December 4, 2012

2 min read

Why paying taxes is easy in Canada

This year Canada places 8th overall when it comes to ease of paying taxes for businesses, according to Paying Taxes 2013, a joint study from PwC, the World Bank and the International Finance Corporation (IFC) that looks at tax regimes in 185 economies.

By Staff |December 3, 2012

1 min read

UBS may reach a LIBOR settlement deal

Swiss bank UBS may be near a Libor-related settlement with U.S. and U.K. regulators. Over its alleged role in the tampering of global interest rates, Switzerland’s biggest lender could be paying more than $466 million in penalties, says a Washington Post report. Citing an unnamed source close to the matter, the report says “an announcement […]

By Staff |December 3, 2012

1 min read