Economy

Big Mac Index reveals Norwegians pay most for burgers

The Big Mac Index is The Economist’s way of analyzing purchasing-power parity, a theory that states in the long run, exchange rates should adjust so goods and services cost the same everywhere. Read: BoC will maintain inflation: Poloz The magazine uses McDonald’s Big Mac because it’s made with the same ingredients in almost every country […]

By Staff |July 12, 2013

1 min read

LIVE FEED: Russian ambassador, officials preview G-20 summit

Russian ambassador previews main G-20 summit event of 2013, set to occur in September.

By Staff |July 12, 2013

1 min read

Traffic congestion’s economic costs

The true costs of congestion in Canada's cities are higher than previously estimated, according to a report released today by the C.D. Howe Institute.

By Staff |July 11, 2013

2 min read

Canadian manufacturers expect low growth

Almost half of Canadian manufacturers are more optimistic than their international counterparts about the global economy.

By Staff |July 9, 2013

2 min read