In this article the authors discuss the aftereffects of the 2008-09 global financial crisis and subsequent recessions in the United States and Canada. They note that some September 2009 financial indicators suggested that economic conditions were improving in both countries. The central focus of the...
Here’s a video explaining why. Until we know for sure where interest rates are headed, I hesitate to label Canadian telecoms as “defensive stocks” in the purest sense of the word. Are Natural Resource Stocks Not Recession-Proof Stocks? Some people like to say that oil company stocks ...
Canada was hit by a double whammy; a reallocation recession, plus a demand shock recession. The net effect was a deeper than necessary recession, and no change in inflation. Still it could have been worse. Money wasn’t as tight as in the US and Europe. Since then (former BOC governor)...
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Here is more on Rosenberg’s thoughts from “Today’s Breakfast with Dave“: “We have said repeatedly that this recession is really a depressionbecause the recessions of the post-WWII experience were merely small backward steps in an inventory cycle but in the context of expanding credit. Wher...
Click Here Diane Francis: If Trump walks all over Canada, it's because Trudeau made it weakIf U.S. president-elect Donald Trump’s joke about making Canada the 51st state touched a nerve, it's because Prime Minister Justin Trudeau has made it seem much more likelyFinancial Post If you ...
A highlight of 2008 for Dayton International Airport was Air Canada’s decision to resume nonstop service between Dayton and Toronto, a gateway for southwestern Ohio business travelers to other international destinations including Tokyo. But also in 2008, as increasing aviation fuel prices took a to...
How can retailers stay competitive in a recession? With preparation and flexibility, a recession can be an opportunity to increase customer loyalty, boost productivity, and strengthen market position. Here are 8 ways retailers can stay competitive. ...
Here are a few of the major changes that international students in the US can expect to face in the coming year. 1. Studies will become expensive As mentioned before, the upcoming recession is resulting in many universities raising their tuition fees. Due to this, many students and their fam...
He continues to predict the Bank of Canada’s firstinterest rate cutwill take place in June. TD Economics senior economist James Orlando said the economy “showed some life” in the final quarter with consumers, who had pared back on spending for much of the year, deciding to be busy “dr...