Economy

Real estate rebounds, but no bubble yet: Scotia

The global housing market that plunged the world economy into recession continues to recover, according to a report by Scotia Economics. In fact, the recovery appears to be gaining momentum. The Global Real Estate Trends report points out policy-makers around the world have chipped in to make the rebound possible, with central banks ensuring low […]

By Steven Lamb |January 11, 2010

2 min read

2010: A realistic odyssey

Canadians are generally optimistic about the economy in 2010. According to POLLARA’s survey of more than 4,200 Canadians, 54% expect that the Canadian economy will improve this year, compared with only 20% in 2009, said Michael Marzolini, chair of POLLARA, speaking at the Economic Club of Toronto (ECOT) recently. But while Canadians might be optimistic, […]

By Brooke Smith |January 7, 2010

2 min read

Canadians cautious in spending, investing

The sluggish economic recovery and the roaring stock market returns of 2009 have left Canadians unsure of what comes next. Optimism toward the economy appears to be growing, but many remain cautious in both their spending and their investing habits. Canadians are evenly split on their views of the economy, with 51% saying it’s in […]

By Steven Lamb |January 4, 2010

3 min read

Regulators spur formalization of contingent capital

The recent credit crunch has had a devastating impact on banks throughout the world, much to the chagrin of regulators entrusted with ensuring that bankers’ exuberance in good times didn’t lead them to over-reach. The response of governments has been unprecedented, with direct investments and guarantees to stave off financial collapse. There is broad agreement […]

By James Hymas |January 1, 2010

7 min read