Economy

Canadian fears of foreign control unfounded

Corporate assets, revenues and profits of foreign-controlled firms in Canada took a beating as the share of Canadian-controlled firms grew at an increased pace in 2008, according to a recent Statistics Canada report.

By Vikram Barhat |March 3, 2011

3 min read

China, U.S. partnership needs to evolve

It's a strange dance with partners on either side of the Pacific. The U.S. and China need each other, yet there is growing unease at the seemingly one-way flow of capital, jobs and technology in this relationship.

By Vikram Barhat |March 3, 2011

4 min read

It’s official: March 22 is budget day

Federal Minister of Finance Jim Flaherty has confirmed that he will table the federal budget on March 22, but he warns it won’t contain any radical spending plans. “As we transition to the next phase of Canada’s Economic Action Plan, measures in this budget will focus on the Harper Government’s key priority of the economy,” […]

By Steven Lamb |March 2, 2011

1 min read

Canadian economy beats BOC forecast

Canada’s economy which came back on track in early 2010 started steaming ahead by the last quarter of 2010, according to a report by Statistics Canada. Surging exports (4.0%) and strong consumers demand (1.2%). emerged as the leading growth engines that fuelled a 3.3% annualized rate of growth in the fourth quarter, up from 1.8% […]

By Vikram Barhat |February 28, 2011

2 min read