OTTAWA – A regional breakdown of economic performance suggests Canada’s two economies drifted even further apart in 2013. Statistics Canada says in a new report issued Tuesday that improvement in economic output last year was heavily slanted …
By John Tilak. TORONTO (Reuters) – Canada’s main stock index climbed on Tuesday to its strongest level in almost six years as robust results from Suncor Energy Inc (SU.
Canada could face persistently weak exports for years as companies continue to lose ground in the all-important U.S. market. Bank of Canada Governor Stephen Poloz warned Tuesday that a “growing wedge” has emerged over the past couple of years …
When it comes to luxury brands, the ruder the sales staff the better the sales, new research suggests. The forthcoming study in the Journal of Consumer Research finds that consumers who get the brush-off at a high-end retailer can become more willing to …
OTTAWA – Bank of Canada governor Stephen Poloz says Canadian exporters are losing out on $35 billion to $40 billion in sales to the United States compared with what should be expected from the recovery south of the border.
VIA Rail says OC Transpo drivers are to blame for the failure of two recent VIA Rail crossing devices. In a news release issued Tuesday afternoon, VIA said the drivers failed to stop at the stop line on the evening of Friday, April 25th and again on April 28th .
Bank of Canada daily digest
|Corporate paper, 1 month||1.14%||0.00|
|Treasury bill, 1 month||0.910%||0.00|
|Total consumer price index||1.50%||+0.400|
|10 year bond||2.81%||+0.0300|
|Prime business rate||3.00%||0.00|
|Conventional mortgage, 5 yrs||4.99%||0.00|