Value of Canadian pension funds plunges in Q3
Uncertainty pushes stock markets, bond yields lower
- By: The Canadian Press
- October 6, 2011 October 6, 2011
- 18:18
Uncertainty pushes stock markets, bond yields lower
Largest declines occurred in Ontario and Quebec
Falling home prices and debt-strapped homeowners have the potential to damage the domestic Canadian economy by curtailing spending
U.S. markets positive amid good news on employment
Business confidence weak
Emerging market economies need to allow their exchange rates to appreciate
Moody’s downgrades Italy’s debt
Hopes rise that European officials can contain debt crisis
There’s a good chance the Bank of Canada will cut rates over the next six months
Loonie’s recent stumble to below parity with the U.S. dollar is temporary, finance minister says
Excluding food and energy, the annual inflation rate rose by 1.8%
Markets tumble in Europe
Second consecutive quarterly decline for worldwide M&A
Pace of growth in both output and new orders quickened in September
Oil closes at 2010 lows
Defaults would rise, but not nearly as much as during the last financial crisis
Special trading day on October 4 to provide access to education for people who might not otherwise have the chance
Survey finds a groundswell of confidence in the Canadian marketplace
The recent intensification of financial market volatility and fiscal policy uncertainty has eroded confidence
Oil, metal prices retreat
Investors are desperate for decent economic data after a dismal third quarter
Growth helps dispel fear Canada re-entering recession
Oil slides to its lowest level in a year
High quality stocks can be found in Canada, Germany and Scandinavia
July revenues decreased, mostly as a result of a 12.8% dropoff in corporate taxes.