January 21, 2010 · 4 comments
in 2010, British Columbia, Canadian, Canadian dollar, Canadian economy, Olympics, entertainment, forex, news and updates, seasonal investing, special dates, sports, winter
Between February 12 and 28, 2010, all eyes around the world will be on Vancouver, BC, Canada for the 2010 XXI Winter Olympic Games. More than viewers around the world, the Winter Olympics are expected to attract thousands of new visitors, tourists, athletes and Olympic personnel to the lower mainland of British Columbia. But just [...]
December 15, 2009 · 9 comments
in Canadian, Canadian economy, Financial New Year, S&P/TSX, TSX, financial planning, income trusts, investing, market trends, stocks
How well will the Canadian stock market do in 2010? If the U.S. sneezes again, will Canada catch another cold? If there is any fallout or a double-dip U.S. recession owing to defaults on payment-option ARM mortgages, will it send global markets into another fiscal tailspin as we saw in October 2008?
By most estimates, Canada [...]
The oft-touted problem whenever the loonie begins to rise against the US dollar is that it will hurt Canada’s exports to the U.S.. If the rise is too quick or too much, the Finance Minister – currenty Jim Flaherty – has been known to step in and threaten “intervention” to ensure that the rise will [...]
The Canadian business news equivalent of “if it bleeds, it leads” has got to be the quarterly earnings reports of the Big Five banks. This week it’s the Royal Bank of Canada, reporting its first losses since 1993.
It’s one seeming irony that Heather Scoffield has pointed out – for so long it’s been the other [...]