Happy Birthday Canada! Bonne Saint-Jean (tard, je sais…) and Happy Moving Day! Canadians don’t seem to hang anywhere near as many Canadian flags on their property, boats, and homes as Americans do - so I thought a bit of blatant patriotism here can be excused for July 1st. For those who don’t know, the image [...]
Jim Flaherty’s Interview with BNN’s Amanda Lang at the Conference of Montreal
June 11, 2009
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in
Canadian
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Canadian economy
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G20
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business
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international economy
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stimulus
The International Economic Forum of the Americas’ Conference of Montreal was covered this week by BNN’s Amanda Lang, who interviewed the World Bank President (Robert Zoellick), the managing director of the International Monetary Fund (Dominique Strauss-Kahn), former U.S. Secretary of State Madeline Albright and the CEO of General Electric (Jeffrey Immelt).
I’ll provide a brief overview [...]
Lately I’ve been reading more about the Roth IRA on good posts like the ones over at Financial Nut or NoDebtPlan. It has struck me — and I could be wrong, I’ll have to gather more details, maybe from you, dear readers, below — that Canada’s TFSA (tax-free savings account) is a rough equivalent to [...]
Some readers have been asking about the prospect that a US-led hyperinflation would extend into Canada. The short answer is that it depends on how much of an economic bully the US administration is going to be to its trading partners. Unfortunately, Canada’s export trade is not very well diversified. We rely too much on [...]
He’s coming to visit Ottawa tomorrow (February 19, 2009) but it appears he’s doing his homework first. Check out this piece, from an interview he did today with Canada’s CBC.
I’ll quote part of it here in case that link disappears.
Obama Praises Canadian Banking System
“One of the things that I think has been striking about Canada [...]
Dow Jones Back At November Lows - 7552.60
February 18, 2009
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in
Canadian
,
DJIA
,
banks
Today the Dow Jones Industrial Average (DJIA) closed at 7552.60. The market low we had back in November 2008, that is, the lowest that the autumn crash gave us, was 7552.29. So, the BNN commentators were right last month when they said those lows might still be retested. I just wonder whether the Dow is [...]
According to a report studied by Eoin Callan of Canada’s Financial Post, the Bank of Nova Scotia (TSE: BNS) has “emerged during the credit crisis as one of the top 10 most stable banks in the world, according to a global ranking of the financial sector.” Moreover, in even more shocking news (if you recall [...]