Economy

Most CEOs confident of revenue growth: PwC

The majority of Canadian chief executives say they are “somewhat confident” about the prospects of revenue growth over the foreseeable future, according to a survey by PricewaterhouseCoopers. The annual PwC Global CEO survey found that 59% of Canadian CEOs expected growth this year, with 63% expressing the same level of confidence for the next three […]

By Steven Lamb |February 5, 2009

2 min read

Budget spending gives investment outlook a lift

The large spending measures announced in Tuesday’s budget by the federal government — an estimated $64 billion over the next two years — could give a much-needed boost to domestic investment opportunities. The budget is generally getting the thumbs up from investment analysts and economists as a means to provide short-term stimulus until the global […]

By Mark Noble |January 28, 2009

4 min read

Maybe it’s a “reset” but it’s not a depression

Today’s economic environment is difficult, but it’s not the start of a depression, according to two of Invesco Trimark’s senior portfolio managers, who say while there’s no way to sugarcoat the severity of this downturn, it’s nonetheless rife with opportunity for shrewd stock pickers. Dana Love, vice-president at Invesco Trimark and the lead manager of […]

By Mark Noble |January 26, 2009

4 min read

Inflation, oil on their way back: Rubin

Energy prices and inflation will make a swift return, according to CIBC World Market’s chief economist and chief strategist, Jeff Rubin. Rubin is calling for triple-digit gains for oil in the near future, as inflation spikes and supply drops. A new report from CIBC World Markets says the U.S. government is starting to resemble misguided […]

By Mark Noble |January 23, 2009

2 min read