News

Show entries from: April 2012 returned 127 result(s).

Virtual shopping gets real at Toronto subway station

Published: 4/9/2012 4:18:00 PM - Author: none
'A new front in virtual retailing has emerged on a wall at a busy subway station in downtown Toronto.

An online health and beauty retailer on Monday launched a pop-up store at a key commuter hub that features images of Pampers diapers and Tide detergent, rather than the products themselves...'

Trade rebounded last year; recorded first surplus since 2008: StatsCan

Published: 4/9/2012 4:13:00 PM - Author: none
'Statistics Canada says Canada's international merchandise trade bounced back in 2011 for a second consecutive year of gains after the 2009 recession.

The agency says total trade in 2011 - exports and imports combined - came within 2.0 per cent of the record levels posted in 2008...'

Rise in small business confidence shows stable economy, says CFIB index

Published: 4/9/2012 4:06:00 PM - Author: none
'Small business confidence, as measured by the Canadian Federation of Independent Business, grew for the seventh month in a row in March.

The CFIB says the continuing optimism means small businesses have now returned to what can be considered normal for a sustainably growing economy...'

Annual Canadian Construction Association tour gets a makeover

Published: 4/9/2012 4:03:00 PM - Author: none
'The annual Canadian Construction Association (CCA) Tour undertaken by the association’s chair needs a slight revamp to better serve the industry’s changing landscape, suggests the association’s recent past-chair.

“We need to be more current and play more of a listening role to see if we can pick up emerging trends that are coming from our members at the grassroots (level),” said Dee Miller, who chaired the association last year...'

Mark Carney says he would intervene if housing debt got out of hand

Published: 4/9/2012 3:59:00 PM - Author: none
'Mark Carney has a dilemma: He views record high household debt the number one domestic risk to the economy, but believes he would hurt the recovery if he raised interest rates to slow borrowing.

But the Bank of Canada governor said in an interview with The Canadian Press that he would be prepared to intervene if things got out of hand...'

Economy has best job-creation month since recession, adds 82,300 workers

Published: 4/9/2012 3:53:00 PM - Author: none
'fter months of stagnant or even falling employment, Canada's economy has just had its biggest surge since before the last recession - adding 82,300 workers to the labour force in March.

That's six times more than the previous seven months combined and was the biggest monthly jump since September 2008, just before the Canadian economy was hit with fallout from a U.S. credit crisis that sparked a global recession...'

Canadian standard of living could take a hit from aging, says Bank of Canada

Published: 4/9/2012 3:47:00 PM - Author: none
'The economy is starting to pay a price as a result of the aging population, and the cost will grow unless Canadians adjust, says the Bank of Canada.

In a speech to the Economic Club in Toronto, deputy governor Jean Boiven said the aging workforce will reduce potential growth in Canada by about 0.2 percentage points by 2014, and the impact grows from there...'

Ontario Clean-Tech Sector Set To Grow

Published: 4/9/2012 3:44:00 PM - Author: none
'Innovative Clean-Tech Venture Capital Fund Comes to Ontario...'

Pain at the pumps starts to squeeze economy

Published: 4/9/2012 3:32:00 PM - Author: none
'The soaring price of gas is making life difficult for people like Brad Kosid, who drives 550 kilometres a week just to get to work and back.

With money already tight from hefty mortgage payments, the new homeowner from Brantford, Ont., is having to axe much of his entertainment spending from his family budget to pay for the rising cost of fuel...'

Carney urges smarter development of natural resources opportunities

Published: 4/9/2012 3:29:00 PM - Author: none
'Part of the solution to Canada’s poor export performance lies with natural resources, but simply pumping oil out the door won’t suffice, says the Governor of the Bank of Canada.

Mark Carney recently chastised Canadian business for being trade laggards since the 2008 recession, saying they have not done enough to infiltrate growing markets...'
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