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Tag Archives:
business
Bank of Canada eyes effect on wealth, income distribution in review: Wilkins
OTTAWA - The second-in-command at the Bank of Canada said Wednesday that any changes to the underpinning of its monetary policy will be judged against how it affects the distribution of inco...
The Canadian Press
Aug 26, 2020
Orders for big-ticket US manufactured goods jumped 11.2%
WASHINGTON - Orders to U.S. factories for big-ticket manufactured goods jumped 11.2% in July, the third consecutive monthly gain. And the jump last month was even larger than the 7.7% increase in June...
The Canadian Press
Aug 26, 2020
Pandemic widens gap between perceived, measured inflation, BoC's Schembri says
OTTAWA - Canadians believe that official inflation measures don't reflect the rising costs they face, a senior Bank of Canada official says, with COVID-19 pandemic further widening the gap b...
The Canadian Press
Aug 25, 2020
US consumer confidence falls in August to lowest in 6 years
WASHINGTON - U.S. consumer confidence fell for the second consecutive month, sinking to the lowest levels in more than six years as a resurgence of COVID-19 infections in many parts of the country hei...
The Canadian Press
Aug 25, 2020
July sales of new homes surge 13.9%, far more than thought
SILVER SPRING, Md. - Sales of new homes jumped again in July, rising 13.9% as the housing market continues to gain traction following a spring downturn caused by pandemic-related lockdowns. The Commer...
The Canadian Press
Aug 25, 2020
Bank of Canada looks for broader input in updating inflation-target framework
OTTAWA - The Bank of Canada is turning to the public for input on its inflation-rate target that underlies any changes to the central bank's trend-setting interest rate. The bank had already planned o...
The Canadian Press
Aug 24, 2020
Canadian producers cheer, U.S. denounces WTO decision on softwood lumber
WASHINGTON - Canadian lumber producers cheered the latest decision Monday from the World Trade Organization on Canada's long-standing dispute with its largest trading partner over exports of softwood ...
The Canadian Press
Aug 24, 2020
Ontario business schools foster 'hostile environment,' racialized students say
Business school students in Ontario are sounding the alarm about what they call outright racism from fellow students and a lack of equity and diversity training among faculty. A number of social media...
The Canadian Press
Aug 24, 2020
Shipbuilders approve 3-year pact, ending monthslong strike
BATH, Maine - A 63-day strike at Bath Iron Works - against the backdrop of a pandemic in an election year - came to an end Sunday with shipbuilders voting to return to their jobs producing warships fo...
The Canadian Press
Aug 23, 2020
As Freeland takes finance job, crisis will dictate spending plans, experts say
OTTAWA - Perrin Beatty was on his way home from the office when his phone rang. It was Chrystia Freeland, who 24 hours earlier had become Canada's finance minister. For the president of the Canadian C...
The Canadian Press
Aug 23, 2020
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