Economic Indicators

Decorative pattern

Economic Indicators

Mixed news getting better

Ever since the U.S. National Bureau of Economic Research first proclaimed America was in a recession, investors and consumers alike have been desperate to get a handle on just what lies ahead. Unfortunately the news has been mixed. In March, there were reported sightings of “green shoots” of a recovery south of the border. In […]

By Steven Lamb |May 1, 2009

5 min read

Decorative pattern

Economic Indicators

Bank of Canada sees lengthy recession

The Canadian economy continues to struggle, the return to growth will be delayed by one quarter — until the end of 2009 — and recovery will be more gradual, Bank of Canada Governor Mark Carney told the House of Commons Standing Committee on Finance on Tuesday. “Our projection is similar to our projection in January,” […]

By Philip Porado |April 28, 2009

2 min read

Decorative pattern

Economic Indicators

CPP can weather economic storm

It’s never wise to carry all your eggs in one basket. The Canadian Retirement Income Security System seems to have grasped this truth and armed Canadians with an assortment of private and public pensions. At a recent seminar held in Geneva by the International Social Security Association (ISSA) — in conjunction with the Social Security […]

By Kanupriya Vashisht |April 27, 2009

3 min read

Decorative pattern

Economic Indicators

Equities still risky: Roubini

(Orlando, FLA) — The current rebound in bank share prices has prompted optimism in the markets, but renowned forecaster Nouriel Roubini warns the fundamental factors just aren’t there to fuel a sustainable rally in stocks. But he doesn’t rule out a recovery altogether. Roubini, professor of economics and international business at the Stern School of […]

By Mark Noble |April 27, 2009

5 min read