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Reality in the Economy

posted by chloegurl 1311 days ago in CAD, Special made popular 1311 days ago

The vast majority of Canadians are woefully unprepared for the world that is emerging around them. This is not simply because the savings rate in the country has fallen, year by year, nor is it because their financial assets have been shredded an

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Canada oil sands projects revamped as crude slides

posted by chloegurl 1311 days ago in CAD, Oil made popular 1311 days ago

Companies developing Canada's oil sands, one of the world's largest deposits of crude oil, said on Thursday they aim to cut spending on multibillion-dollar projects in response to tumbling oil prices and the financial meltdown.

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Canadian Dollar Begins to Rebound Following Release of M.P.R

posted by chloegurl 1311 days ago in USD, CAD made popular 1311 days ago

Despite a distinctly dovish tone in the Bank of Canada's most recent monetary policy report, the Canadian dollar has started to make gains against the U.S. dollar on Thursday morning.

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Canadian Government Moves to Insure Bank Borrowing

posted by chloegurl 1311 days ago in CAD made popular 1311 days ago

The federal government will insure borrowing by Canadian banks with the creation a Canadian Lenders Assurance Facility, Minister of Finance Jim Flaherty announced Thursday.

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U.S. job numbers show credit crisis is hurting employment

posted by chloegurl 1311 days ago in CAD, Employment made popular 1311 days ago

The number of Americans filing first-time claims for unemployment benefits rose last week, a sign the deepening credit crisis is hurting employment.

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Dollar hits 2-yr high, euro slides on econ worries

posted by chloegurl 1312 days ago in USD, EUR made popular 1312 days ago

The dollar hit a two-year high against a basket of currencies on Thursday as concerns about a worsening global economy prompted investors to cut risky assets.

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Canada August Retail Sales Decline 0.3% on Gasoline

posted by chloegurl 1312 days ago in CAD, Retail Sales made popular 1312 days ago

Canadian retail sales in August dropped for the time in six months, led by gasoline filling stations and new car dealers.

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Budget deficit? No way

posted by chloegurl 1312 days ago in CAD, Employment made popular 1312 days ago

British economist John Maynard Keynes is often cited as the godfather of deficit financing but his ideas are widely misconstrued and misunderstood.

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Retail sales fall 0.3 per cent in August to $35.9 billion

posted by chloegurl 1312 days ago in CAD, Retail Sales made popular 1312 days ago

Canadian consumers reeled in their spending habits a little further in August as retail sales dipped 0.3 per cent to $35.9 billion.

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Canada Retail Sales

posted by chloegurl 1312 days ago in CAD, Fundamental, Retail Sales made popular 1312 days ago

It is one of the important indicators that are watched out in all economies, and in the simplest form we can say measures the performance of the retailing industry which is selling directly to final consumers, from big department stores to non-st

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Canada August retail sales drop, rate cut seen

posted by chloegurl 1312 days ago in CAD, Retail Sales made popular 1312 days ago

Canadian retail sales in August dropped for the first time in six months, cementing predictions from analysts that the Bank of Canada will cut interest rates again this year to try to stimulate the economy.

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Bargains seen in retail stocks

posted by chloegurl 1313 days ago in CAD, Retail Sales made popular 1313 days ago

Consumer spending in Canada appears to be relatively stable, but the share prices of retailers selling both staples and discretionary items have plummeted.

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