Canadian industries operated at 74.7% of their capacity in the fourth quarter of 2008, down from 78.1 in the third quarter, Statistics Canada said Monday.That’s the lowest capacity utilization rate since the government statistiscal agency began keeping records in 1987.StatsCan said the fourth-quarter decline was driven mainly by weak domestic and foreign demand for manufactured […]
Equity markets turmoil takes bite out of household wealth
Delinquencies breach all-time highs for second-straight month
Personal savings soars to $45 billion
U.S. GDP drops 6.2% in fourth quarter
Sharp appreciation of the yen may benefit North American facilities
Buying by China's State Reserve Bureau boosts prices for base metals and grains
The declines in Canada’s senior stock exchange and the housing sector led the charge, StatsCan reports
Canadian companies have “failed to fully capitalize” on the opportunities presented by the new economic superpower
Largest fall since OECD records began in 1960