Economy

Loonie could drop to nearly US$0.70 if export woes continue: report

Canada is falling further behind in the race to supply world markets, and if it doesn’t get in the game soon, its dollar could drop to nearly US$0.70 in the next decade, finds a new report from CIBC Capital Markets. Read: Where to capitalize on currency “Since the turn of the millennium, other than in […]

By Staff |May 28, 2018

3 min read

Typical U.S. CEO pay is 164 times that of employees: Equilar data analysis

Companies reveal how much more bosses make than typical employees

By The Associated Press |May 25, 2018

5 min read

U.K. barely grew in Q1 at only 0.1%

A day after the Bank of England’s governor warned about the damaging consequences of a “disorderly” Brexit, official figures Friday confirmed that the British economy barely grew in the first three months of the year. The Office for National Statistics said the economy expanded by a quarterly rate of just 0.1% amid weak household spending […]

By The Associated Press |May 25, 2018

3 min read

U.S. durable goods orders fell in April, but business investment to rise

Orders for long-lasting manufactured goods fell

By Staff, with files from The Associated Press |May 25, 2018

2 min read