Federal briefing deflates claim of corporate cash hoard
A revised Statistics Canada estimate puts it at about $544 billion in Q1.
EDC’s Stephen Poloz the next Bank of Canada governor
Expects a need to stimulate the economy: says we’re “not out of the woods yet…”
Corporations put low tax bounty in the bank: CLC
Report pegs tax freedom day for businesses is Jan 30.
Canadians are concerned about fallout from fiscal cliff
Survey says 54% are not better of financially than they were a year ago.
Carney will blow the whistle on misbehaving global banks
International regulators auditing countries for implementation of new rules.
Carney says Europe is making strides towards steady bank system
Financial reforms will be combined with bold steps in Europe, according to Bank of Canada’s main man.
Bank of Canada holding interest rates
The Bank of Canada is holding off on raising interest rates for awhile longer citing worsening global conditions and an uneven Canadian recovery.
US recession: merely very bad or catastrophic?
In almost every respect – the jobs market, the government deficit picture, the housing market – Canada is in better shape than the US and most of Europe. But even on this side of the border, economic growth is slowing.