Economy
Conservatives say talks on track despite report Germany to reject EU Canada deal
Newspaper reports Germany won’t sign deal because of legal protections granted to foreign investors.
Bombardier’s unexpected restructuring, layoffs raise concern
Aerospace division has been into three units, each reporting to Bombardier CEO Pierre Beaudoin.
Ontario Liberals pass budget bill despite opposition from other parties
Finance Minister Sousa says the $130.4-billion spending plan is the budget that voters endorsed in the June 12 election.
IMF says US economic growth at its weakest pace since recession
There’s recovery ahead, however, by 2015 when the US expands 3%, it’s best showing since 2005.
Finance minister rejects C.D. Howe report calling for spending to create jobs
Report argues keeping the deficit at 0.5% of GDP for three years to create the equivalent of 75,000 jobs.
Retail sales record second straight strong month
Wholesale and manufacturing sales rebounds driving growth of 2.2%, about twice the pace of Q1.
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Ottawa urged to run tiny deficit to create 75,000 jobs
But C.D. Howe report says Ontario’s debt is too high to do the same.
Bank of Canada may sound dovish, but that won’t cut interest rates, TD says
Economist Craig Alexander says stalled jobs and economic growth may justify more monetary easing.
Entrepreneurs could solve youth jobs crisis if barriers addressed
A shortage of people with relevant skills, finding local partners and accessing international financing are hindering efforts report says.
Harper’s central policies resonating less with Canadians: report
Trade, the economy, and energy exports are resonating less with ordinary Canadians.
Canadian manufacturers poised for growth: KPMG
Report says they’re repatriating production and jobs.
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Baloney Meter tests interprovincial trade barriers costs
Claims range from $2 billion to $50 billion annually. What’s the real number?
Canada’s businesses lag global peers in investment, especially Ontario, Quebec
CD Howe report finds that companies in Ontario and Quebec have hit a 10-year low in investment per worker.
‘Serially disappointed’ about economy, Poloz keeps stimulative rates in place
Depressed export demand is keeping business from committing to new investments.
BRICS nations agree to create own development bank in Shanghai
New $100 billion bank is seen as a strong push against the World Bank and the International Monetary Fund.
