With a recession election pending in October, Canada’s federal leaders are focusing on the economic issues. Read on to see what the Liberals, Conservatives and NDP have planned to counter the recession.
Canada’s Loonie has taken a nosedive, now equaling 91 cents USD. While this does pose challenges for cross-border shoppers and travellers, a weaker currency is actually good news for our overall economy.
The latest Manulife Investor Confidence Index finds Canadians are still wary about their investing options, and haven’t yet recovered from the 2008 economic crisis.
Markets have surged in 2013, as economies continue to recover from the 2008 recession. Here’s how current economic data, like strong employment numbers, affect markets, and whether fears over U.S. QE tapering will come to fruition.
Outgoing Bank of Canada Governor Mark Carney made his final speech Tuesday, and outlined the challenges facing Canadian economic recovery.
In his recent speech, Mark Carney pointed to the challenges facing the recovering global economy – namely a growing distrust in banks. He states that banks should focus on winning back the trust of consumers, as the effects of the 2008 recession and bad banker behaviour leave their mark.