Tag Archives: Canada

Inflation Picks Up In Canada

Consumer prices picked up in Canada, causing CPI to hit 2.1% form a year earlier and up from 1.5% in December. Economists had forecasted inflation to hit 1.6%, which poses a drastic increase in price. The hiking in inflation can … Continue reading

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Oil Reels Canada into Recession

On Tuesday, September 1, Canada officially slipped into a recession. According to Statistics Canada, GDP declined by 0.5 percent on annualized basis in the second quarter after contracting 0.8 percent in the first quarter. By the technical definition of the … Continue reading

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Yuan Going Global



On Saturday China and Canada agreed to expand the use of the Chinese currency in trade and investment. Their centrals banks have agreed to establish a currency swap line worth the equivalent of 32$ billion dollars to be used within … Continue reading

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Shrinking Share of Overseas Cash Headed to U.S.

In 2000, 22% of new global foreign direct investment (FDI) funneled into the US. Last year, only 12% of FDI flowed our way. The United Nations attributes much of the worldwide decline to macroeconomic weakness around the world and the … Continue reading

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