Economy

Will Greece be rescued?

International lenders failed to bridge differences on how to reduce Athens’ burgeoning debt levels, reports Financial Times.

By Wire services |November 9, 2012

1 min read

Economists too bearish on interest rates

Economists constantly think interest rates will rise, but they're wrong, says Jeff Waldman of CIBC.

By Suzanne Sharma |November 8, 2012

2 min read

Obama wins decisive victory

Shortly before Midnight, eastern time, president Barack Obama was declared the winner in the long and often divisive U.S. election. Challenger Mitt Romney conceded just after 1 a.m. Watch Obama’s victory speech here With 49 U.S. states decided, Obama pulled 303 electoral votes to Romney’s 206. The state of Florida is still deemed too close […]

By Staff |November 7, 2012

2 min read

Uncertain U.S. economy hurts Ontario

Today’s U.S. election matters to Ontario almost as much as it does to Americans, according to the Conference Board of Canada. This is because Ontario’s dependence on the U.S. has left it vulnerable to a slow economic recovery. Read: What to watch during the U.S. election The province’s trade relies on large firms, intra-firm trade […]

By Staff |November 6, 2012

2 min read