Business confidence on the rise in Ontario
Survey results indicate that economic recovery is underway, Ontario Chamber of Commerce CEO says
- By: IE Staff
- July 10, 2009 July 10, 2009
- 11:28
Survey results indicate that economic recovery is underway, Ontario Chamber of Commerce CEO says
Ken Georgetti is calling for changes to the accessibility and eligibility rules surrounding employment insurance
Potential recovery signals are emerging in Italy and France, with indications of troughs emerging in Canada, Britain, the U.S., China and India
But while June’s drop was milder than expected, economists said the weighting to self employed and part-time positions is not encouraging
StatsCan reports that the unemployment rate has risen to 8.6% in June from 8.4% in May
Finance Minister Jim Flaherty said that reaching out to emerging economies is critical
U.S. stock markets had modest gains, helped by strength in energy stocks
England’s central bank also leaves key rate unchanged at 0.5%
Increased activity indicates that housing activity has bottomed
Canadian exports will tumble by 21% in 2009 and activity levels will remain low in 2010, as growth will be a relatively meager 6.6%
C.D. Howe Institute report suggests Canada's investment per worker should be clearly superior for the first time in recent history
The faster transition to homeownership has been supported in part by strong labour markets, the report suggests
Firm recommends that there’s “enough upside” ahead to justifying staying in stocks
Investors are expected to react positively to a combination of good economic news
FSA will have authority to impose higher capital requirements on firms that present greater risks to the financial system
But U.S. stocks, which were in negative territory for much of the day, largely recovered by the session’s close.
Pre-qualified fund managers will have to raise $500 million of capital, which the U.S. Treasury will the match
RBC Capital Markets led both the value and volume tables overall and for mid-market deals during the first half of the year
Nineteen new ETFs have listed on TSX so far in 2009
Only 23% of the business owners surveyed in June said they were performing better than three or four months ago
Although the economy is pulling out of an unprecedented recession, it is expected to be sluggish, it says
BetaPro survey reveals that the percentage of advisors bearish on the S&P/TSX 60 has almost doubled
Falling commodities prices are expected to continue to weigh on Canada’s senior stock exchange