Craig Wright News
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Vancouver remains the least affordable city to buy a house in Canada while home ownership in Toronto is becoming more difficult, Royal Bank of Canada Economics Research said.
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An improving economic outlook may ease pressure on the Bank of Canada’s newly appointed chief to abandon the only tightening bias in the Group of Seven.
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The appointment of Stephen Poloz as Canada’s next central bank head taps his experience leading the country’s export-financing body as the world’s 11th largest economy relies on trade and business investment to lead growth.
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The appointment of Stephen Poloz as Canada’s next central bank head taps his experience leading the country’s export-financing body as the world’s 11th largest economy relies on trade and business investment to lead growth.
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Greece’s fiscal crisis may improve the euro’s long-run viability if it forces nations using the currency to deepen their fiscal integration, according to Craig Wright, Royal Bank of Canada’s chief economist.
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Royal Bank of Canada Chief Economist Craig Wright cut his forecast for Canadian growth this year and next, citing concerns over the U.S. and global economic outlooks.
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Canada’s dollar rose against its U.S. peer for a third week, the longest streak since February, as speculation central banks will take action to bolster economic growth spurred demand for riskier assets.
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The company hired to find a replacement for departing Bank of Canada Governor Mark Carney is looking for a star external candidate, even as consensus builds around Senior Deputy Governor Tiff Macklem as the front-runner for the job.
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Suncor Energy Inc. and Teck Resources Ltd. lead Canadian companies sitting on record cash reserves, and Bank of Canada Governor Mark Carney wants corporations to invest this “dead money” or pay it in dividends.
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A guy tells his female partner their business deal is saved. An unknown foreign financier has promised to wire them millions of dollars by the next morning.
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