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More Frequent Currency Changes as CA Steps Up Counterfeit

posted by keiragabe 9 days ago in CAD, Fundamental made popular 9 days ago

Canadians can expect to see new currency in circulation far more frequently in the future as the Bank of Canada continues to battle the age-old problem of counterfeiting, says BOC deputy governor Pierre Duguay.  read more

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Housing sector defies expectations

posted by twilight 9 days ago in CAD, Housing made popular 9 days ago

Construction on new homes remained above 200,000 starts in October, Canada Mortgage Housing Corp. said Monday, defying expectations among most industry watchers calling for a protracted slowdown.  read more

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Canada won't prop up weak industries: Harper

posted by scorpio 9 days ago in CAD, Fundamental made popular 9 days ago

More help for the beleaguered auto industry is still a possibility but Canada will not subsidize any industry that isn’t sustainable on its own in the long run, Prime Minister Stephen Harper said Monday, emerging from a three-hour meeting with th  read more

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U.S. Dollar Makes Fresh Gains Against Canadian Dollar

posted by twilight 6 days ago in USD, CAD, Fundamental made popular 5 days ago

A brief break towards session-open levels ended abruptly for a bearish CAD/USD on Friday morning, as equities sold off following the release of U.S. consumer sentiment and business inventories reports.  read more

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Job growth welcome but unsustainable, analysts warn

posted by blitz 12 days ago in CAD, Fundamental, Employment made popular 12 days ago

Last month's unexpected further job growth in Canada, while in contrast to stunningly massive job losses in the U.S., is the last Canadians will see for the next year, analysts warned Friday.  read more

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A Workable Solution To the Daycare Crisis in Canada

posted by xjessicax 4 days ago in CAD, Special made popular 3 days ago

Canadians should be much more concerned about the ability for parents to secure daycare services. The Canadians who should be most concerned are baby boomers and seniors. They should be screaming for policies that will favour families having ch  read more

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CBOC Downwardly Revises Canadian Economic Growth Forecast

posted by chloegurl 6 days ago in CAD, Fundamental, GDP made popular 6 days ago

The global financial crisis will hurt Canada's economic growth and will bring Ontario to the edge of a recession, says a new report from the Conference Board of Canada (CBOC), in which the think tank significantly reduces its projections for econ  read more

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Economist Warns Government Deficits Loom in Canada

posted by chloegurl 6 days ago in CAD, Fundamental made popular 6 days ago

Federal government finances are in for a rough ride as plunging commodity prices begin to take a toll on the economy, warns BMO deputy chief economist Doug porter.  read more