TSX tumbles 350 points
It will be the fall of 2010 before production gets back to pre-recession levels
Execs in the finance and insurance sector are significantly less optimistic
Slowdown in manufacturing weighs on Ontario cities
Initial recovery will be tepid
On the same day that the Bank of Canada warned that risks to the financial system haven’t abated, the European Central Bank echoed that position, as it also worries that a weak economy could undermine progress to repair the financial system.The ECB said Monday that many of the downside risks to euro area financial stability […]
While the mix of risks facing the financial system has evolved in the last six months, overall vulnerability has not, as improvements in financial system functioning are being undermined by global economic weakening, suggests a new report from the Bank of Canada.In the latest issue of the semi-annual Financial System Review released Monday, the Bank […]
Worst of the recession over for Canada
Financial services sector has been a particular area of growth
World financial leaders meet in Beijing