Paul Ferley

Canadian Employment Rises More-Than-Expected 50,700

Canada’s economy showed signs of strength today with gains in employment and housing, ending a week where the central bank delayed a plan to raise interest rates and the finance minister said slower growth is sapping revenue needed to curb deficits.

Canada’s GDP Grows 0.3% in August on Higher Energy Output

Canada’s gross domestic product gained for a third month in August on higher oil production, suggesting that global market turmoil during the month didn’t derail the world’s 10th largest economy.

Canada Slow Inflation and Growth Signal Modest 4Q Rebound

Canada’s slowest inflation rate in more than three years and meager output growth signal the fourth-quarter economic rebound will fall short of central bank governor Mark Carney’s forecast.

Canada Rebound After Weak Second Quarter Tops Agenda for Carney, Flaherty

Canada’s economic policy makers may try to bolster investor confidence by telling lawmakers a global slump and market turmoil won’t derail a recovery in the world’s ninth-largest economy.

Canada’s Economy Adds 7,100 Workers in July as Jobless Rate Drops to 7.2%

Canadian employers slowed their pace of job creation, cut back on wage increases and reduced purchases last month, data released today show, adding to evidence the country’s recovery is waning.

Canada Second-Quarter Consumer Confidence Unchanged, RBC Survey Concludes

Canadian consumer confidence was unchanged in the second quarter compared with the January-March period as people were more optimistic about the economy and downbeat about their own finances, according to a Royal Bank of Canada survey.

Carney Says Next Canada Forecast to Adjust for Risks

Bank of Canada Governor Mark Carney said his quarterly economic forecast next week will reflect a prolonged global recovery, suggesting he may reduce his outlook and delay raising policy interest rates.

Shoppers Spending May Keep Canada Contraction From Turning Into Recession

Household spending and business investment may help restart Canadian growth after the economy shrank in the second quarter, according to investors and economists.

Carney May Delay Interest Rate Boost on Slow U.S. Recovery: Canada Credit

The Bank of Canada will keep its policy rate unchanged until the second quarter as economic growth slows, according to a Bloomberg News survey that also showed bond-yield forecasts were cut for a fourth month.

Canada's Economy Grew 0.3% in February on Factories: Sixth Straight Gain

Canada’s economy expanded for a sixth consecutive month in February, led by manufacturing and spending related to the Vancouver Winter Olympics.

"The hiring boom seems to have resumed."

- Paul Ferley on Mar 08, 2013

Canada

Statistics Canada

Mark Carney

Europe

Vinik to Shut Hedge-Fund Business to Focus on Hockey Team

Kobe Bryant Sued Over Bid to Block Mom’s Memorabilia Sale

American Capital Slumps as Mortgage Strategy Backfires

U.S. Stocks Rise to Record; Copper Jumps, Treasuries Drop

Payrolls in U.S. Rise 165,000 as Unemployment Rate Drops