Economy

CIBC: Business bankruptcies at record low

According to a report by CIBC, corporate Canada has never been more stronger.

By John Powell |February 3, 2011

2 min read

Canada beats U.S. in income gains

A new report from CIBC World Markets shows Canada’s gross national income (GNI) has been rising faster than that of the U.S. since the turn of the century. GNI, the report says, is a better indicator of the amount of wealth an economy produces. “In real GDP terms, Canada has still trailed [the U.S.]. But […]

By Staff |January 28, 2011

4 min read

Commodities rally continues

It may come as no surprise, but 2010 was a very strong year for commodity prices. How strong? The Scotiabank Commodity Price Index, which tracks the price of 32 commodities, surged 17.8% on the year. The index capped the year with a hefty month-over-month gain of 5.5% in December. Since the cyclical low, reached in […]

By Steven Lamb |January 27, 2011

3 min read

U.S. equities hold promise: Laurentian Bank

The U.S. economy is strengthening and will set the tone for the global investment landscape in 2011, according to the chief economist of Laurentian Bank. “Two significant events occurred at the end of 2010 that generated significant momentum for the American economy,” says Carlos Leitao, pointing to the second wave of quantitative easing and the […]

By Steven Lamb |January 27, 2011

2 min read