Alberta’s economy is expected to be in recession
Contraction of 2% will result in the loss of 15,000 jobs in the province this year
- By: James Langton
- February 19, 2009 February 19, 2009
- 17:18
Contraction of 2% will result in the loss of 15,000 jobs in the province this year
Speculative-grade maturities are due to escalate in the next three years
The declines in Canada’s senior stock exchange and the housing sector led the charge, StatsCan reports
Canadian companies have “failed to fully capitalize” on the opportunities presented by the new economic superpower
U.S. January producer prices rise by twice the expected amount
U.S. markets finish flat
Only 37% of boomers who own businesses plan to be retired at 65
Province unveils $14 billion in infrastructure projects
Largest fall since OECD records began in 1960
Drop reflects lower exports and weaker sales in Canada
GM, Chrysler ask for US$21.6 billion in aid
TSX drops 3.5%; Dow down 3.8%
Wal-Mart profit drops 7%
Foreigners swap bonds for short-term paper
Sales fall in 20 of 21 industries
Fairfax, Kingsway to report quarterly earnings
Financial stocks tumble
Toronto Stock Exchange and TSX Venture Exchange will be closed for Family Day on Monday, Feb. 16.There will also be no trading on Montreal Exchange…
Despite reduced demand, CEOs confident sector will pick up over the next three years
Largest monthly decline since Jan. 1998
Air Canada swings to a loss
Financials slip on weak earnings reports
Hydro failure dims Toronto financial district
Nexen swings to a loss