The days of Canada gloating over its superior performance through and after the global financial crisis may be behind us. As economic growth begins to slow worldwide, moderate growth in the U.S. should overtake that of Canada.
The financial sector has ignored the Parti Québécois’ victory in Quebec. After Pauline Marois’s narrow win, the credit spread between the debt of the Government of Quebec and Ontario stood at 16 basis points.
Investors’ patience is wearing thin as the unstable global economy continues to threaten their assets and investments, says a Desjardins Group Economic Studies team. And uncertainty about the ability of political and financial authorities to resolve the crisis has continued to escalate. “It would be overly optimistic to think that the global problems of public […]
Despite Canada’s superior economic standing, the loonie dipped against most major currencies in 2011. While it was one of the better performers against the greenback, ending the year at 96.84 cents U.S., the overall forecast for 2012 sees our dollar in a holding pattern throughout the year.
With barely two days to go — one if you’re in Australia — before 2011 is consigned to the dustbin of history, investment experts the world over are furiously fashioning forecasts. Keeping one eye trained on the road ahead and the other on the rear view mirror, Doug Porter, deputy chief economist, BMO, offers some […]
Forget shedding pounds, it’s saving dollars that’s an overriding priority for Canadians pondering a worthy New Year’s resolution, according to a poll from Investors Group. When asked to choose between the two alternatives for a New Year’s resolution, 63% of respondents said saving money was more important than losing weight (27%). Paying down debt and […]
There's been a lot of talk lately about the Canadian dollar hitting parity against its U.S. counterpart, and the impact that has had – and will continue to have – on the Canadian manufacturing sector.