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Greece on the cheap? Few travel deals yet amid the financial ruins + MORE Jul 11th
Canadians hoping to see Greece for a song aren't likely to find cheap flights to the cash-strapped country just yet. Agents say there's little room to bargain during peak season. But that could change, quickly..... More »
Is China’s economy slowing down? Jun 17th
Shanghai, China, 2010.
China has been an economic powerhouse for decades and a massive driver of growth and sources of investment around the world. However, as one of the world’s largest economies, it appears to be slowing as it matures.
There are a variety of signs and potential reasons. Trade te.... More »
Ontario appoints supervisor to run Conestoga College after audit exposing ‘serious mismanagement’ - Toronto Star May 7th
Ontario appoints supervisor to run Conestoga College after audit exposing ‘serious mismanagement’ Toronto StarOntario appoints administrator to run Conestoga College, citing financial mismanagement The Globe and MailLILLEY: Conestoga board approved John Tibbits’ $3M payou.... More »
Report: Voters in Switzerland reject plans to hoard massive amounts of gold, limit immigration + MORE Nov 30th
BERN, Switzerland – Projections show voters in Switzerland have rejected plans to protect the country’s wealth by investing in gold and drastically limit immigration.
Swiss polling firm gfs.bern said a majority of voters opposed the measures in a referendum Sunday.
If passed, the gold in.... More »
CIBC kicks off bank earnings week with 25% profit rise May 23rd
The Canadian Imperial Bank of Commerce's latest quarterly earnings beat market expectations with a double-digit profit bump on strong earnings south of the border and at home, despite slowing domestic mortgage growth..... More »
40 days – 2.75%
– ratesupermarket.ca
This GIC rate is offered by DUCA Financial Services and was updated on 0000-00-00. Click on the link above to get more details or apply online.
Why many are feeling sour about US economy despite job gains and a falling unemployment rate
– canadianbusiness.com
WASHINGTON – The unemployment rate no longer seems to reflect America’s mood.
Friday’s strong jobs report showed that the jobless rate — the most closely watched gauge of the economy’s health — is down to 5.8 per cent. A year ago, the rate was 7.2 per cent. Five years ago, it was 10 per cent.
It’s the kind of sustained decline that would normally suggest a satisfied public.
Not so much anymore. After Tuesday’s midterm elections, exit polling showed how little falling unemployment has resonated. Most voters said they cast their ballots out of fear for the economy, stripping the Democrats from the Senate majority and implicitly rejecting President Barack Obama.
Many Americans don’t feel they’ve benefited from falling unemployment any more than they have from a sustained rise in the stock market or from solid U.S. economic growth.
Some hints of their discontent can be found within an otherwise glowing jobs report for October: Wages that are barely growing and a stubbornly low proportion of adults who either have a job or are looking for one…
Friday’s strong jobs report showed that the jobless rate — the most closely watched gauge of the economy’s health — is down to 5.8 per cent. A year ago, the rate was 7.2 per cent. Five years ago, it was 10 per cent.
It’s the kind of sustained decline that would normally suggest a satisfied public.
Not so much anymore. After Tuesday’s midterm elections, exit polling showed how little falling unemployment has resonated. Most voters said they cast their ballots out of fear for the economy, stripping the Democrats from the Senate majority and implicitly rejecting President Barack Obama.
Many Americans don’t feel they’ve benefited from falling unemployment any more than they have from a sustained rise in the stock market or from solid U.S. economic growth.
Some hints of their discontent can be found within an otherwise glowing jobs report for October: Wages that are barely growing and a stubbornly low proportion of adults who either have a job or are looking for one…
Quickfacts: Canada-China agreements and initiatives
– canadianbusiness.com
BEIJING, China – A look at some of the agreements and initiatives announced during Prime Minister Stephen Harper’s visit to China:
Increased renminbi trade: Canada and China have agreed to a set of measures to support the increased use of renminbi in trade, commerce and investment between the two countries.
Foreign Affairs Ministers Dialogue and an Economic and Financial Strategic Dialogue: This agreement is designed to enhance bilateral communication and co-operation in the areas of foreign affairs and economic and financial matters.
Memorandum of Understanding on Nuclear Co-operation: Expansion of this agreement will help the Canadian nuclear industry increase its exports to China and generate jobs and growth in Canada’s nuclear energy sector.
Air Travel: An updated Canada-China Air Transport Agreement allows airlines from both countries to offer more travel options for goods, services and people.
Transit Without Visa Program: Expansion of the Transit Without Visa Program and the China Transit Program adds China Southern Airlines to both programs…
Increased renminbi trade: Canada and China have agreed to a set of measures to support the increased use of renminbi in trade, commerce and investment between the two countries.
Foreign Affairs Ministers Dialogue and an Economic and Financial Strategic Dialogue: This agreement is designed to enhance bilateral communication and co-operation in the areas of foreign affairs and economic and financial matters.
Memorandum of Understanding on Nuclear Co-operation: Expansion of this agreement will help the Canadian nuclear industry increase its exports to China and generate jobs and growth in Canada’s nuclear energy sector.
Air Travel: An updated Canada-China Air Transport Agreement allows airlines from both countries to offer more travel options for goods, services and people.
Transit Without Visa Program: Expansion of the Transit Without Visa Program and the China Transit Program adds China Southern Airlines to both programs…
90 days – 2.00%
– ratesupermarket.ca
This GIC rate is offered by Oaken Financial and was updated on 2014-10-06. Click on the link above to get more details or apply online.
60 days – 2.00%
– ratesupermarket.ca
This GIC rate is offered by Oaken Financial and was updated on 2014-10-06. Click on the link above to get more details or apply online.
