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
Rising commodity markets suggests Canadians will continue to collect larger paycheques after recession ends
With inflation on the horizon, avoid the bond market (IE:TV)
But another round of negative growth rates are still expected before things truly begin to turn around
Unemployment to rise even after economic growth resumes, Fed chief cautions
Consumer spending won’t drive U.S. or Canadian economies
Too soon to tell whether further stimulus measures will be necessary