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Economy
Canada’s Budget 2017 Innovation Push Draws Skepticism Amid Praise
Spurring innovation is one of the top priorities in the Liberal government’s second budget under Finance Minister Bill Morneau.
March 22, 2017
BY
Rahul Vaidyanath
Trump’s Budget Versus the Debt Ceiling
When President Donald Trump announced his skinny budget last week, Wall Street analysts and Washington insiders pronounced it ...
March 19, 2017
BY
Valentin Schmid
US Fed Chair Yellen: ‘We Have Plenty of Time to See What Happens’
The U.S. Federal Reserve raised its key policy rate by 0.25 percent on March 15, however it remains ...
March 15, 2017
BY
Rahul Vaidyanath
Canadian Household Debt Hits Another Record in Fourth Quarter
OTTAWA—The amount Canadians owe compared with how much they earn hit another record high last year. Statistics Canada ...
March 15, 2017
BY
The Canadian Press
Some Bank Bulls Grow Wary on Policy Uncertainty
Bank shares have been the runaway winners of the post-election U.S. stock market boom as investors wagered that ...
March 12, 2017
BY
Reuters
Strong Job Growth Driven by Construction and Manufacturing, Report says
Businesses added 298,000 jobs in February, continuing a second month of solid job growth, according to the ADP ...
March 9, 2017
BY
Petr Svab
Toronto’s Housing Market Can Learn From Vancouver’s Experience
Recent data show Toronto’s housing market is heading down the same dangerous road Vancouver’s was on.
March 8, 2017
BY
Rahul Vaidyanath
NAFTA to See Big Changes: US Commerce Secretary
WASHINGTON—NAFTA negotiations will probably start late this year, might take about a year, and will include serious changes ...
March 8, 2017
BY
The Canadian Press
Small States Are Beautiful
Modern economics glorifies economies of scale. Bigger is cheaper, more efficient, better. The same principle apparently holds for ...
March 2, 2017
BY
Valentin Schmid
The Economic Numbers Conundrum
Everything President Donald Trump does or doesn't do causes commotion. This time, it's about economic figures. Trump may ...
March 2, 2017
BY
Valentin Schmid
How Communism Stifles Innovation
Research shows that the political ideology of communism restricts innovation, today’s panacea for economic growth and long-term prosperity.
March 1, 2017
BY
Rahul Vaidyanath
Bank of Canada Cautious as Economy Shows Signs of Improvement
In what might be a recent record for brevity by the Bank of Canada, its March 1 statement ...
March 1, 2017
BY
Rahul Vaidyanath
Immigration Economics
Immigrants built America into a superpower, coming first from England, then from Germany, Ireland, France, Russia, and Eastern ...
February 23, 2017
BY
Valentin Schmid
Gordon Chang: ‘China Is Going to Go Into Free Fall’
China expert Gordon Chang is best known for his book "The Coming Collapse of China," which he wrote ...
February 22, 2017
BY
Valentin Schmid
Canadian Dollar’s Quiet Strength Surprising but Problematic, Say Analysts
The Canadian dollar appears to be a boring currency, but its recent strength is a bit surprising and ...
February 16, 2017
BY
Rahul Vaidyanath
Canada’s Infrastructure Delivery Hits Snags
The federal government’s best laid plans for boosting the economy through infrastructure spending is running into obstacles and ...
February 9, 2017
BY
Rahul Vaidyanath
The Trouble With the Trade Surpluses
Everything is about balance. Work-life balance, balanced relationships, a balanced diet. Economists also talk a lot about balance. ...
February 9, 2017
BY
Valentin Schmid
Macy’s Shares Up After Being Halted Amid Takeover Rumor
NEW YORK—Macy's shares are soaring in morning trading, after being temporarily halted on the New York Stock Exchange ...
February 3, 2017
BY
The Associated Press
What Exactly Is a Border Tax?
Many countries try to make their products more competitive in international markets. Some subsidize exports directly and indirectly (China), ...
February 2, 2017
BY
Valentin Schmid
Fed Acknowledges ‘Animal Spirits’
The Federal Reserve, along with everybody else, is playing the waiting game—waiting to see what the Trump administration ...
February 1, 2017
BY
Rahul Vaidyanath
Book Review: ‘$uperHubs’
The World Economic Forum (WEF) lasts only a few days in January, when the international elite jet into Davos, ...
January 26, 2017
BY
Valentin Schmid
Debt Nation: Canada Heading in Wrong Direction
Canada is in a strong fiscal position at the federal level relative to other G7 countries, but its ...
January 25, 2017
BY
Rahul Vaidyanath
Why Japan Benefits From a Crashing Currency and Mexico Does Not
When foreign currencies fall against the dollar, it becomes clear not all countries are created equal. Japan and the ...
January 19, 2017
BY
Valentin Schmid
Impending US Tax Cuts Little Help to Canadian Economy, Says Bank of Canada
The Bank of Canada held its overnight rate target unchanged at 0.50 percent on Jan. 18 in the ...
January 18, 2017
BY
Rahul Vaidyanath
IMF Boosts Growth Forecast for US, Cites Trump Impact
WASHINGTON—The International Monetary Fund on Monday raised its forecast for the U.S. economy over the next two years, ...
January 16, 2017
BY
The Associated Press
Davos Forum Chief: ‘It’s Important to Listen’ to Populists
DAVOS, Switzerland—At the Davos economic conference, "it's important to listen to the populists," says the founder of the ...
January 15, 2017
BY
The Associated Press
Why Economists Can’t Get It Right
From wrong forecasts by the International Monetary Fund (IMF) and Wall Street, to wrong policies by the Federal ...
January 12, 2017
BY
Valentin Schmid
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