Economy

Inflation, oil on their way back: Rubin

Energy prices and inflation will make a swift return, according to CIBC World Market’s chief economist and chief strategist, Jeff Rubin. Rubin is calling for triple-digit gains for oil in the near future, as inflation spikes and supply drops. A new report from CIBC World Markets says the U.S. government is starting to resemble misguided […]

By Mark Noble |January 23, 2009

2 min read

Economy worsens, investment outlook improving

The economy is still traversing a downward spiral, according to the Bank of Canada’s latest monetary policy report. The economy and financial markets tend to travel in the same direction, but rarely at exactly the same time. While economists are growing increasingly worried about the “real” economy, managers are seeing signs of hope for investing. […]

By Mark Noble |January 22, 2009

4 min read

Families ill-prepared for recession

By now there is little debate about whether or not Canada is in a recession. How bad this economic downturn will be is anyone’s guess, but it’s not uncommon to hear it described as the worst since the Great Depression. Whether it is as bad as that, or only as bad as the 1990s, it […]

By Steven Lamb |January 22, 2009

3 min read

India trade deal could boost Canadian prospects

The Canadian government is apparently working hard to negotiate a free trade agreement with India. While these agreements can take decades to come to fruition, the prospect of free trade is definitely a lucrative opportunity for Canadian investors with money on both sides of the deal. Yesterday it was reported that Industry Canada is in […]

By Mark Noble |January 21, 2009

2 min read