Economic: Top Story

Moody's says U.S., Britain at risk of losing top rating
The Associated Press / March 15, 2010

The United States and Britain are more likely than Germany and France to witness an embarrassing downgrade of their top debt rating, agency Moody's Investors Service said Monday.

More from Economic

Eurozone ministers gather to discuss Greek debt
The Associated Press / March 15, 2010

Eurozone finance ministers will discuss Monday whether to guarantee a financial lifeline to Greece if it can't borrow from wary bond markets and to check that its austerity measures are going far enough to reduce its massive debt load.

Dollar jumps as Canada adds 20,900 jobs
The Canadian Press / March 12, 2010

The loonie jumped to its highest level since mid-2008 on Friday following news that the Canadian economy created thousands of full-time jobs last month — helping push the unemployment rate down.

Canadian economy picking up steam: RBC
Vikram Barhat / March 11, 2010

Improved credit markets, increased domestic spending and a robust stimulus investment lead the charge as Canada's economic growth picks up pace, says a report by RBC Economics.

Budget insufficient to balance books: Watchdog
The Canadian Press / March 11, 2010

Parliamentary budget watchdog Kevin Page says the federal government's most recent plan to balance the budget is still about $10 billion short.

Dollar to hit parity with U.S. this summer: CIBC
The Canadian Press / March 10, 2010

Expectations of higher interest rates and investor demand for Canada will help drive the Canadian dollar past parity with the U.S. greenback by this summer, says CIBC World Markets.

Europe seeks to strengthen euro with its own IMF
The Canadian Press / March 08, 2010

As Europe struggles with a debt crisis, the idea of a European Monetary Fund is quickly taking hold.

New mortgage rules pile onto HST
Phil DeMont / March 05, 2010

When Finance Minister Jim Flaherty recently brought in changes to Canada's mortgage rules, Warren Cooney gave the new requirements a bit of a shoulder shrug.

U.S. employers cut fewer jobs than expected
The Associated Press / March 05, 2010

The U.S. unemployment rate held at 9.7% in February as employers shed 36,000 jobs, fewer than expected. The figures suggested the job market is slowly healing but that significant hiring has yet to occur.

Tax tinkering and closing loopholes
Doug Watt / March 04, 2010

It's being touted as a jobs and growth budget, with neither tax increases nor major new tax relief. Aside from some targeted measures that should benefit the disabled, charities and families, there's little to attract the attention of advisors in Finance Minister Jim Flaherty's latest economic blueprint.

Budget opts for austerity plan
Matt McClearn / March 04, 2010

Canada's military and the world's downtrodden were the biggest losers in federal Finance Minister Jim Flaherty's latest budget, unveiled Thursday in Ottawa.

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