The deteriorating economic picture means that the projections of last April are now about $6 billion per year lower, on average, for the next few years. That accounts for the projected $3-billion deficit in the current fiscal year and a larger $3.9-billion deficit next year, before eventually returning to surplus in 2019-2020. Part of that is […]
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13 Quotes on Perseverance You Need To Read Before Giving Up
Just keep swimming When things don’t go our way: business ideas fail, meetings go awry, sales numbers plummet etc., the easiest, and most common resolution is to give-up and invest our energy and attention elsewhere. But do you know it took Thomas Edison 1,000 unsuccessful attempts, before creating his one monumental success: the light […]
More Questions As New Trans-Pacific Partnership Details Emerge
Experts and newly seated government officials are combing through the fine print of the Trans-Pacific Partnership trade agreement — the full text of which was finally released Thursday, revealing almost two dozen side deals with other countries and provisions that have alarmed some privacy and trade advocates. Read the full text of the TPP agreement […]
Canada No Longer America’s Biggest Trading Partner
According to the latest numbers from the U.S. Census Bureau, in the first nine months of this year, the value of imports and exports between the U.S. and China was US$441.6 billion. The U.S.- Canada trade relationship, meanwhile, was worth slightly less, at $438.1 billion. But the reason behind the shift in numbers has […]
TSX, Canadian Dollar Rise After Canadian Federal Election
The Toronto stock market and the loonie both ended the day higher as investors mulled Justin Trudeau’s majority win in the federal election. The S&P/TSX composite index was up 85 points at 13,842, while New York stocks turned in disappointing results. The loonie rose against the American greenback, up 0.24 of a cent to 77.06 cents […]
