Economy

10 tips for companies to stay competitive

A struggling global, and U.S. economy will slow growth and reduce demand in the construction, manufacturing, retail and wholesale industries, says Ernst & Young. Read: Follow growth beyond borders This will create obstacles this year for Canadian companies operating in the private mid-market. Read: Entitlement reform key to recovery: TD economist “If sustainable growth isn’t […]

By Staff |January 24, 2013

1 min read

European leaders back tough reforms

European leaders agreed that they must follow through on decisions made at countless European Council meetings in Brussels and move immediately to complete the single market and conclude free trade agreements, says a World Economic Forum news release. Speaking during the World Economic Forum’s Annual Meeting, leaders of Ireland, Italy, Denmark and the Netherlands expressed […]

By Staff |January 24, 2013

3 min read

Low rates stifle government bonds

Corporate issues provide an extra 1.5%, while junk bonds offer an extra 5.5%, for instance.

By Suzanne Sharma |January 24, 2013

2 min read

BoC maintains 1% overnight rate, lowers outlook

The Bank of Canada today announced it’s maintaining its target for the overnight rate at 1%. The Bank Rate is correspondingly 1.25% and the deposit rate is 0.75%. Insisting that some modest withdrawal of monetary policy stimulus will likely be required over time, consistent with achieving the 2% inflation target, the Bank’s Monetary Policy Report […]

By Staff |January 23, 2013

2 min read