Countries abandoning the practice of pegging their currencies to the U.S. dollar could become the next source of trouble for the global economy, cautions BMO Capital Markets in a research note.BMO notes that many emerging countries have, for years, fixed their currencies against the greenback to protect their small, undiversified and U.S.-dependent economies. But these […]
Ontario economy shrinks
Lower household wealth gains forecast for the next couple of years
Canadian economy remains at risk
High gas prices will force 10 million cars off the road, says CIBC World Markets
Only Abbotsford, Trois-Rivières and Saint John are expected to see economic growth above the 2% mark this year
Pick up expected in 2009
Managers remain guardedly optimistic for an economic and market recovery
Economy should post modest 1.8% recovery in 2009
Central banks see inflation as a bigger potential problem than recession, Cooper says