Panel calls on Bank of Canada to cut lending rate
Outlook for growth is very uncertain
- By: IE Staff
- October 20, 2008 October 20, 2008
- 10:40
Outlook for growth is very uncertain
First gain in five months
Growth in number of small businesses slowing; but moving up the size chain
Dutch government pumping US$13.4 billion into ING
Bank of Canada decision coming Tuesday
Earnings season in full swing
Softening demand is being transmitted through commodity prices
U.S. markets finish lower on recession worries
Outlook remains bullish on Canadian equities, financials and the Canadian dollar
Demographics hitting insurance industry
egX Group reports that the Ontario Securities Commission (OSC) has granted an exemption order authorizing egX Canada to carry on business as a stock exchange…
Fed also to cut rates before the end of the year
Conference Board index plummets to lowest level since 1982
Overseas markets mixed
U.S. markets surge on bargain hunting
Economists project a $10.4 billion deficit for fiscal 2010
Uncertain global economic conditions will pressure prices through 2009
Industrial production tumbles
18 of 21 manufacturing sectors post declines
Merrill Lynch, Citigroup post wider losses
U.S. turmoil expected to curb exports
Government must be prepared to intervene to ensure that credit conditions, financial stability, and the effective working of the financial system are maintained
The Toronto Stock Exchange has confirmed that on Oct. 14, 100 symbols, out of a total of almost 4,000 listed on TMX Group equity exchanges,…
Gold prices hold steady
But the U.S. economy is facing severe challenges, and a recovery could be lengthy