Resource sectors facing squeeze if commodity prices do not catch up soon with the Canadian dollar
A rise in the Bank of Canada’s interest rate, combined with stronger-than-expected economic growth will drive the Canadian dollar to parity with the U.S. dollar by year-end, CIBC World Markets predicts in a new report.“Between red-hot commodity and energy markets and huge capital inflows associated with an avalanche of M&A deals, the Canadian currency has […]
Although there has been little movement over these months historically, summers since the mid-1990s have been better
Loonie has appreciated against almost all currencies
Sluggish productivity growth could hamper the ability of the economy to ride out any sustained fall in global commodity demand
Financial impact market downturn could be larger this time around than it was in 2000
Biggest challenge is falling home prices
The Atlantic provinces are expected to post solid economic gains in 2007, but the west remains the fastest growing region in Canada, according to the Conference Board of Canada.“While most of the provinces will perform well this year, weakness in Central Canada will persist due to the troubles in the manufacturing sector,” said Marie-Christine Bernard, […]
Firms that take lead on environmental challenges can make operational savings, says Merrill Lynch report
RBC expects the Bank of Canada to raise the overnight rate by 25 basis points in December