Economy

Foreign investors taking a shine to Canada

Canada is now the golden child when it comes to world economies. A new report from CIBC World Markets states there is a growing list of “strategic advantages” which are boosting interest in Canada and its weighting in global investment portfolios. According to Warren Lovely, government strategist with CIBC’s macro strategy group, Canada’s much smaller […]

By John Powell |July 14, 2010

1 min read

Global oil demand to rise: IEA

While U.S. crude production plummets in the aftermath of the BP oil spill, global demand for crude is set to soar next year. Fuelled by economic growth in developed countries, world oil demand is predicted to rise, according to an International Energy Agency (IEA) report. The growth indicates a shift in global consumption where emerging […]

By Vikram Barhat |July 13, 2010

2 min read

Chinese restructuring won’t kill recovery

China’s efforts to stave off economic overheating will see its double digit GDP growth moderate. However, far from causing a drastic slowdown, this cooling of Chinese output merely aims to reverse policies that were adopted to hedge against the global economic crisis of 2008, according to a new report from CIBC World Markets. There are […]

By Vikram Barhat |June 30, 2010

3 min read

TD predicts bumpy recovery

Canada’s economy is proving strong, but there will be potholes along the way to a full recovery, according to the latest economic forecast from TD Economics. Canada has been defying the odds. For the third consecutive quarter, the combined spending of consumers, governments and businesses in the first quarter of 2010 powered ahead by a […]

By John Powell |June 17, 2010

2 min read