The Caisse de dépôt et placement du Quebec has posted a weighted average return of 3.5% on its portfolio in the first six months of 2012. This is slightly under the fund’s benchmark of 3.7%, but is good nonetheless considering the difficult global markets.
After several months of modest gains, there were 30,000 fewer jobs in July, reports Statistics Canada.
If Canada’s growth stalls, the government will be pushed to find fresh ways to spur the economy and fire up investors.
Canada’s economic growth may be looking slow according to the latest numbers from the Bank of Canada—bringing with it the expectation that job growth will also be modest for the remainder of the year. But those already in the workforce should be able to rest easy, according to a survey by Right Management.
The International Monetary Fund (IMF) is casting Canada as a shining star in an otherwise questionable global economic environment.
Despite the financial chaos in Europe and weak pension returns over the past quarter, Canadians seem to be feeling pretty good. According to a survey by the Brussels-based International Trade Union Confederation, Canada is one of the most optimistic countries when it comes to outlook on the state of the economy.
Confidence among Canada’s small- and medium-size businesses slumped in June, falling from 64.8 to 62.1, says the Canadian Federation of Independent Business (CFIB) index.
Investor confidence was on the rise in June, according to State Street’s Investor Confidence Index (ICI). The Global ICI rose by 7.0 points from May’s reading of 86.5 to reach 93.5—its highest level this year.
Last week, Mark Carney spoke about the state of the global economy in Halifax for the Atlantic Institute for Market Studies (AIMS). He touched on the situation in Europe, and focused on how an open, resilient financial system can support sustained global growth. He also addressed the need to pay down debt and the too-big-to-fail […]
Towers Watson has released its 31st annual Canadian Survey of Economic Expectations—and it’s a gloomy outcast.