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Canadian manufacturing down in August

posted by keiragabe 1318 days ago in CAD, Manufacturing

Manufacturing sales in Canada fell 3.7 percent to $52 billion in August, led chiefly by petroleum and coal pullbacks, Statistics Canada reported Thursday.

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Fall in house prices broadens, deepens

posted by keiragabe 1319 days ago in CAD, Housing made popular 1319 days ago

Canadian resale home prices continued to slide last month, with the average home 6.2 per cent cheaper than it was last year.

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Innovation, not oil, is the way to go

posted by keiragabe 1319 days ago in CAD made popular 1319 days ago

Whether or not the world has been saved from a financial meltdown, we haven't been saved from a painful economic slowdown and, in some countries, including the United States, a recession.

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Alberta outlook buffeted by turmoil

posted by keiragabe 1319 days ago in CAD made popular 1319 days ago

Amid a global swirl of economic uncertainty fuelled by financial market volatility and recession in the United States, Alberta's energy and construction fundamentals remain firm -- although far off their highs -- according to two reports issued W

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Oil company stocks slide as crude markets go sour

posted by keiragabe 1319 days ago in CAD, Oil made popular 1319 days ago

Both crude oil markets and the Canadian dollar closed with hangovers Wednesday as uncertainty blotted out the previous session's brief encounter with optimism.

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Canada. Inflation spikes building costs

posted by keiragabe 1319 days ago in CAD, Inflation made popular 1319 days ago

Investments in non-residential construction amounted to $10.8 billion in the third quarter, up 1.5 per cent from the previous quarter, Statistics Canada said yesterday.

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Ottawa may make millions on CMHC plan for banks

posted by keiragabe 1319 days ago in CAD made popular 1319 days ago

The federal government stands to make hundreds of millions of dollars off of its new program to buy mortgages from banks.

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Economists warn of possible 2009-10 Canada deficit

posted by keiragabe 1319 days ago in CAD made popular 1319 days ago

The dust had barely settled on Tuesday's Canadian election when economists and a prominent business group said the newly returned Conservative government may need to adjust course to avert a possible budget deficit next year.

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A deficit of options on financial crisis

posted by keiragabe 1319 days ago in CAD made popular 1319 days ago

Canadian politicians are frequently inspired by Australia, in part because the two countries' economies are similar. But Australia's handling of the global financial crisis offers a cautionary tale for Canada's next government.

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Canada's PM releases new economic plan

posted by keiragabe 1319 days ago in CAD made popular 1319 days ago

Canadian Prime Minister Stephen Harper sought to show he would make Canada's financial health a priority and released an economic plan a day after his Conservative Party won re-election but fell short of a Parliamentary majority.

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Canadians withdraw $4.5 billion from funds in September

posted by keiragabe 1319 days ago in CAD made popular 1319 days ago

All major asset classes of mutual funds experienced net redemptions in September as investors reacted to the global stock-market crash, according to final sales data released on Oct. 15 by the Investment Funds Institute of Canada.

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Canada Existing Home Sales Rose in September Before New Rule

posted by keiragabe 1319 days ago in CAD, Housing made popular 1318 days ago

Canadian existing home sales rose in September, a national realtors' group said, as buyers rushed to buy real estate before more stringent rules for mortgage insurance kicked in.

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