Bernanke says Fed likely to reduce bond buying this yearBy Alister Bull and Pedro da Costa WASHINGTON (Reuters) - Federal Reserve Chairman Ben Bernanke said on Wednesday the U.S. economy is expanding strongly enough for the central bank … More »Bernanke says Fed likely to reduce bond buying this year
By Alister Bull and Pedro da Costa WASHINGTON (Reuters) - Federal Reserve Chairman Ben Bernanke said on Wednesday the U.S. economy is expanding strongly enough for the central bank to begin slowing the pace of its bond-buying stimulus later this year. Bernanke's confirmation that the Fed is getting closer to pulling back …
Bank of Canada Stephen Poloz chummy in debutIf Mark Carney was the rock star Bank of Canada governor you couldn't touch, then his successor Stephen Poloz may very well be the Canadian on the street that is speaking directly to … More »Bank of Canada Stephen Poloz chummy in debut
If Mark Carney was the rock star Bank of Canada governor you couldn't touch, then his successor Stephen Poloz may very well be the Canadian on the street that is speaking directly to you and me. That's at least the … Continue reading →
TORONTO - An anticipated financial recovery south of the border is likely to help economic growth in Canada, economists said Wednesday, although the U.S. is likely to outpace its neighbour for the first time in years.
HALIFAX - The Imperial Oil refinery in Halifax is being closed and converted to a terminal, in a move that deals the latest blow to Nova Scotia's manufacturing sector.
Canada's largest grocer is trying out a new discount small-store format in a bid to attract more customers in urban areas.
DETROIT - Porsche is the top performer in an annual survey of new vehicle quality.
By Alastair Sharp TORONTO (Reuters) - A subsidiary of European telecoms company Vimpelcom Ltd has withdrawn its bid to acquire control of Canada's Wind Mobile, a surprise move that creates further uncertainty about the future of the upstart Canadian wireless company. Orascom Telecom , an Egyptian company that is majority-owned …
OTTAWA (Reuters) - Canada's net foreign debt dropped almost 25 percent in the first quarter of 2013 as higher foreign stock markets boosted the value of Canadian assets abroad, Statistics Canada said on Wednesday. Net foreign debt fell to C$231.3 billion ($226.8 billion) from C$302.1 billion in the fourth quarter, the agency …
In 2011, MoneySense magazine estimated the total cost of raising a kid in Canada: $243,660. That amounts …
