Economy

India trade deal could boost Canadian prospects

The Canadian government is apparently working hard to negotiate a free trade agreement with India. While these agreements can take decades to come to fruition, the prospect of free trade is definitely a lucrative opportunity for Canadian investors with money on both sides of the deal. Yesterday it was reported that Industry Canada is in […]

By Mark Noble |January 21, 2009

2 min read

BoC rate cuts hint at deepening crisis

Against a backdrop of fears that the economic crisis could deepen, the Bank of Canada did what banks around the world continue to do — cut rates. Canada’s overnight rate now stands at 1%, prompting many analysts to ask, How low can rates go, and how long will they last? In its brief reasoning for […]

By Mark Noble |January 20, 2009

5 min read

Mercer predicts opportunities in 2009

While some have described 2008 as a roller coaster ride, pension consultant group Mercer compares it to a big jump off a steep cliff. In light of that, it’s not surprising that Mercer’s 2009 Fearless Forecast predicts a “soft year for the economy.” However, while expectations for 2009 are low, they are not dismal and, […]

By April Scott-Clarke |January 15, 2009

3 min read

Nortel, CanWest remind investors of credit risk

It’s been a long time coming, but Nortel Networks has finally filed for bankruptcy, marking the end of a long dismal slide into investment oblivion. At one point, the company made up roughly one third of the S&P/TSX Composite index. Its shares, once worth more than $120 are now essentially worthless, trading at about 13 […]

By Steven Lamb |January 14, 2009

3 min read