Scotiabank downgrades Euro outlook in the wake of crisis in Greece
Economists adjust forecast for Canada, U.S.
- By: James Langton
- May 5, 2010 May 5, 2010
- 11:16
Economists adjust forecast for Canada, U.S.
Oil prices fall below US$82 a barrel
TSX, Dow post sharp drops
Companies remain concerned about weak capacity utilization rates
Institutional investors plan to expand acquisitions over the next year with a strong appetite for domestic properties
Commodities dip, U.S. dollar rises
Without productivity improvements, Canada’s long-term economic outlook is likely to dim
Dow posts triple-digit gain
Funding part of EU bailout
United, Continental agree to merge
IMF, ECB agree to Greece bailout
February fiscal figures indicate that deficit estimate could be downgraded
Busy week for Canadian earnings
Oil and gold prices move higher
Deficit increases by $902 million in February
Consumers boost spending by the most in three years
Manufacturing, mining sectors led growth
Statistics Canada’s GDP report meets economists' expectations
Loonie rises
But financial contagion could spread throughout the financial sector in unanticipated ways
Forestry, industrials and media/technology sectors fared the worst during the recession
Corporate Canada is benefitting from low debt levels
Gains in service industries, manufacturing offset by declines in retail trade, educational services
Dollar rises
Dollar regains ground