Economy

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Economic Indicators

Nasdaq suffers tech glitch, U.S. bank profits soar

With memories of the Facebook listing fiasco fresh in people’s minds, Nasdaq is now dealing with another listing error.

October 4, 2012

2 min read

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Economic Indicators

Business owners more optimistic

For the first time in five months, optimism among Canada’s small- and medium-size businesses rose in September, finds the Canadian Federation of Independent Business (CFIB). The Business Barometer index increased to 62.0, from 60.0 in August. Read: Small biz confidence declines, again “Despite this good news, however, the index level still suggests Canada’s economy is […]

By Staff |October 3, 2012

1 min read

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Economic Indicators

Fewer Canadians starting companies

Canadians remain reluctant to start new businesses. About 43,000 Canadians started a new business in 2011 and hired staff, finds the Business Development Bank of Canada (BDC). Read: Canada’s top 50 young entrepreneurs This amounts to only 0.23% of the 19 million people in Canada who can work—a slight increase from the 2009 recession low […]

By Staff |October 2, 2012

1 min read

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Economic Indicators

Bet on smaller Asian countries

Major Asian markets will continue to falter this year, says Raymond Chan of Hamon Investment Group. But there are opportunities on the continent.

October 2, 2012

2 min read

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Economic Indicators

Canadian manufacturing slumps again

Canada’s manufacturing sector lost momentum again in September, moving from 53.0 in August to 52.4 on RBC’s index. This is the weakest pace of expansion recorded since March. Read: Canadian manufacturing remains stable Key findings include: Read: High paying jobs drive growth: CIBC “While it hasn’t been entirely smooth sailing for Canada’s broader economy in […]

By Staff |October 1, 2012

1 min read

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Economic Indicators

U.S. housing sector to grow at slower pace

The U.S. economy and housing sectors are expected to continue to grow, but that growth is likely to be slower than previously expected, according to a survey conducted by U.S.-based Urban Land Institute. The results of the survey, conveyed in the latest edition of ULI Real Estate Consensus Forecast, reveal that the real gross domestic […]

By Staff |October 1, 2012

2 min read

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Economic Indicators

France proposes 75% income tax

And you thought Canada's tax regime was bad.

By Wire services |September 28, 2012

2 min read

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Economic Indicators

How important is a bond rating?

A bond rating isn’t the only indicator of quality. In fact, rating agencies don’t always have all available information on regions and global economies, says Patrick Bradley of Brandywine Global.

By Martha Porado |September 27, 2012

2 min read

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Economic Indicators

Rate increase not likely before 2014: Desjardins

Canadian growth has been rather soft so far in 2012 and not much points to a quick rebound. Against this backdrop, a Desjardins Group report questions the relevance of the BoC’s frequent hints at a rate hike. Read: BoC leaves it at 1% It asks, “Can the BoC continue to emit a signal perceived as […]

By Staff |September 26, 2012

1 min read

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Economic Indicators

Canadians aren’t worried about debt

Canadians are alarmingly accepting of debt as a financial strategy. Even though many are carrying record levels of debt, 62% are comfortable with their financial situation, finds a Hoyes Michalos/ Harris/Decima poll. Further, 26% agree their debt levels are higher than one year ago. Read: Debt denial still runs deep Respondents were asked whether they […]

By Staff |September 25, 2012

2 min read

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