Economy

Santa makes the big bucks in 2012

From tracking who's naughty and who's nice to running the world's largest toy workshop and delivery service, Santa wears many stocking caps.

By Staff |December 17, 2012

2 min read

Top financial phrases of 2012: Part 3

Some of 2012’s biggest stories revolved around IPOs, with the epic fiasco that was Facebook’s IPO taking center stage. What happened, and why? Why did Facebook flop and Manchester United come out the better? Advisor.ca’s analysis puts the news in context and explains how the rules of the IPO game are changing.

By Staff |December 17, 2012

1 min read

S&P downgrades UK outlook

The Financial Times reports that S&P has downgraded the outlook on the UK's triple A rating to "negative," stemming from concerns over a weak recovery and less-than-stellar improvements to public finances.

By Staff |December 13, 2012

1 min read

UK slashes forecasts ahead of Carney’s arrival

The UK Treasury says the country's recovery is taking longer than expected, and has adopted more aggressive policies ahead of Carney's arrival.

By Staff, with files from The Canadian Press |December 13, 2012

3 min read