Economists say recovery will be soon at hand
But another round of negative growth rates are still expected before things truly begin to turn around
- By: James Langton
- June 7, 2009 June 7, 2009
- 15:05
But another round of negative growth rates are still expected before things truly begin to turn around
Trade data coming Wednesday
But Canadian dollar drops sharply as a result of higher unemployment figures
But slower pace of employment declines suggests a step in the right direction, economists say
Unemployment rates rise to 8.4% in Canada, 9.2% in the U.S. in May
All indicators therefore point to diminished demand for credit — a trend that will continue through the rest of 2009
U.S. markets also registered gains on Thursday after news that jobless claims fell last week
Central bank warns that loonie's rise could hamper economic recovery
Bank of Canada leaves overnight rate at 0.25%
Loonie drops 2.5¢ as U.S. greenback regains strength
Unemployment to rise even after economic growth resumes, Fed chief cautions
Bombardier profit slips
U.S. markets post modes gains
A cap-and-trade system to reduce carbon emissions in the United States would have widely divergent effects on the companies that comprise the S&P 500, new…
Auto bailout will boost federal deficit to $51 billion this year
Central bank unlikely to raise rates, says TD Economics
Household borrowing tumbles in first-quarter
Price of crude hits seven-month high
GM, Citigroup will be replaced
Index allows Canadian investors the ability to customize their exposures across 16 different commodities
Average deal values decline from US$513 million to US$159 million
Sharp decline in imports and exports during the quarter
Magna to take 20% in GM’s Opel unit