Economy

EY’s Canadian mining index soars 61% in 2016

An Ernst & Young Canadian mining index declined 13% in the last quarter of 2016, largely due to weakness in gold and nickel prices, offset partly by gains in copper and zinc prices. (Copper increased 14% in anticipation of infrastructure spending in the U.S.) Read: Oil leads positive outlook for commodities The Mining Eye index […]

By Staff |February 13, 2017

1 min read

CPA Canada looking for clarity on deficit in 2017 budget

Optimism about the national economy is up among professional accountants, says a new survey conducted for CPA Canada. But they're concerned about the country's deficit.

By Staff |February 10, 2017

1 min read

Emerging markets to dominate world economy by 2050: PwC

By 2050, six of the seven largest economies will be emerging market economies–with China, India and Indonesia leading the way, reveals a global economic outlook report by management consultancy firm PwC. “Emerging economies such as Mexico and Indonesia are likely to be larger than the U.K. and France,” says the report, “while Pakistan and Egypt […]

By Staff |February 9, 2017

2 min read

Is Canadian business confidence on shaky ground?

The Ontario economy grew 2.6% on average between 2000 and 2007, reveals an economic report from the Ontario Chamber of Commerce (OCC). Although that level of growth might sound good in today’s global environment, it’s cause for concern. That’s because wealth from the production of goods and services dropped 12% in that time period, reveals […]

By Staff |February 9, 2017

3 min read