Federal briefing deflates claim of corporate cash hoard
A revised Statistics Canada estimate puts it at about $544 billion in Q1.
Canadian GDP gets real in 2013 at 1.9%: RBC Economics
Global economy to grow modestly for the rest of the year.
Avoid ‘competitive devaluation’ to boost exports: China
Falling yen might concern prompt other governments to drive down their currencies.
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.
Fears of North American recession recede
Canada’s factories were humming in August, and US consumers were buying last month, strong indicators the North American recovery is alive and kicking.
Steady growth for Canada, despite global uncertainties
The global economy may be a bit creaky but Canada is chugging along nicely thanks to its strong resource base and rising commodity prices, according to a report from RBC Economics.