More from Economic
U.S. manufacturing stronger in August
The Associated Press / September 01, 2010American manufacturing companies grew faster in August as the industrial sector continues to lead the recovery, and managers' desire to hire shot up to the highest level in nearly 30 years.
GDP growth slows to half a point: StatsCan
John Powell / August 31, 2010To no one's immediate surprise, Canada's economic recovery is slowing down. What is surprising is exactly how much it is stalling out.
Current account balance worsens
Steven Lamb, with files from wire services / August 30, 2010Canada's participation in The Great Recession may have been relatively brief, but with our key trading partners struggling, the country should brace for softer economic performance.
Eurozone sentiment highest since March 2008
The Associated Press / August 30, 2010Economic confidence in the 16 countries that use the euro rose to its highest level in nearly two-and-a-half years during August, the European Commission said Monday.
U.S. Q2 growth cut sharply
Steven Lamb, with files from wire services / August 27, 2010As if American consumer confidence needed another hit, it appears that the strong economic growth announced in the second quarter was something of a mirage.
Glut of unsold homes threatens U.S. recovery
Philip Porado, with files from wire services / August 24, 2010Housing's tentacles reach into so many sectors of the economy — everything from finance and furnishings to food and fuel — and it has a solid track record of hinting when an economy is slipping into, or climbing out of, recession.
HST pushes July inflation to 1.8%
The Canadian Press / August 20, 2010New harmonized sales taxes in some provinces pushed up Canada's inflation rate last month — but the increase was still softer than what many economists had forecast.
CIBC cuts rate hike forecast
John Powell / August 18, 2010The Bank of Canada may have no choice but to put interest rate hikes on hold after September, states a CIBC World Markets Inc report.
Number of EI recipients increases
Canadian Press / August 18, 2010Statistics Canada reports 691,600 people received regular Employment Insurance benefits in June, up 8,400 from May and the third straight month of small increases.
Foreign investors slow acquisitions in June
The Canadian Press / August 17, 2010Acquisitions of Canadian securities by foreign investors slowed to $5.4 billion in June after two months of substantial investment.
