Little of interest to financial services sector in budget
Expert panel and modernizing Bank of Canada only initiatives
- By: James Langton
- February 26, 2008 February 26, 2008
- 16:49
Expert panel and modernizing Bank of Canada only initiatives
But today’s budget is short on solutions
Although there aren't many goodies, the government has introduced a tax-free savings account
LIF holders now have three options to get at their money
Income earned on the savings plan is tax-free
Era of huge surpluses is probably over
IBM's positive outlook pushes U.S. stocks higher
Federal transfers to other levels of government are increasing by more than 5%.
Central bank says U.S. is "too important"
Foreclosures up 57%
Economic conditions still favour Western Canada
Downward drift in gold, metals and oil will be very minor, says strategist
U.S. wholesale prices surged in January and core inflation also climbed above expectations.The producer price index for finished goods rose 1.0% on a seasonally adjusted…
U.S. wholesale inflation higher than expected
Surplus could climb by $1 billion
Robson says Canada should be hub of talent, investment and innovation
U.S. markets rally on positive signs for bond insurers
Hedge funds, non-US stocks, and small cap stocks now highly correlated to S&P 500, Merrill Lynch says
Weak demand and tighter credit conditions will moderate growth this year
Good news is the worst is already behind us
Sales slide for sixth month in a row
U.S. stock futures reversed early gains Monday, as investors reacted to a disappointing report from Lowe’s amid news of a potential bailout of bond insurer…
Laurentian kicks off bank earnings season on Wednesday
Flaherty may have to reduce amounts earmarked for debt reduction, economists say