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Consumers boost confidence in economy

Whether or not Canada is truly out of the woods when it comes to the recession remains up for debate, but more and more Canadians are choosing to think positively about the economy, a new survey finds.
The survey, conducted by TNS Canadian Facts, shows their Consumer Confidence Index at 99.2, up 6% from July, when [...]

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If this is a recovery, then tech is a good place to be

A Research In Motion BlackBerry Storm is pictured in New York. LUCAS JACKSON/REUTERS

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When it comes to recovery on the markets, few areas have posted as robust a rebound as the technology sector. Which leads to a rather obvious question: Is it too late for investors to jump in?
After all, it can be [...]

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Canada has the best competitive advantage for Investment

When a country has as much to offer as Canada , it’s impossible to pinpoint a single reason to invest in one of the most dynamic economies in the world. Canada boasts multiple advantages and unparalleled potential — a place where businesses can achieve excellence on a global scale.

People Advantage: Canada is a nation of intelligent, [...]

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Investors more confident, poll suggests

Canadian investors are increasingly confident, with real estate leading the way, the Manulife Investor Sentiment Index released Thursday suggests.
The quarterly index gained nine points since March and now stands at 20, which is 15 points up from what it was in December, when it hit the lowest level in a decade.
Manulife calculates the index by [...]

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The recession is over. Cue the painful recovery

The recession is over, but not the pain.
Canada’s central bank predicted Thursday that the economy would expand this quarter, suggesting the economic contraction lasted for about nine months, considerably shorter than the previous two recessions in the early 1990s and the early 1980s.
The Bank of Canada’s reassessment of the state of the economy is perhaps [...]

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V-shaped recovery in the works, says economist

Canada’s economic recovery is likely to be far stronger than markets anticipate, a Bay Street economist forecast Wednesday, indicating that a “burst” of 10% growth is possible in the coming quarters.
The prediction from Sheryl King, chief economist and strategist at Merrill Lynch Canada, comes amid fierce debate over what shape the recovery will take [...]

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Consumer prices decline 0.3% in June

Canada’s inflation rate for June was negative 0.3%, marking the first time since November 1994 overall prices have declined on a 12-month basis.
Statistics Canada said the decline in prices was primarily due to a 19% drop in energy prices, particularly gasoline. Excluding energy, prices were up 2.1% from a year earlier.
It marked the biggest drop [...]

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Business sentiment upbeat, BoC survey says

Canadian business expect better conditions ahead for the economy, and hold positive expectations for sales growth as well as employment, the Bank of Canada says in its Summer Business Outlook Survey.
The turn in sentiment is a dramatic change to expectations taken in Spring, but businesses still foresee a level of difficulty ahead and expect activity [...]

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What comes after The Great Recession?

There is growing consensus that a global economic recovery is in the making, albeit the pace will be tepid and restrained. Momentum should, however, build through 2010 and 2011.
The question we should start asking is, ‘What comes next?’ In part this will depend upon the skill and will of central bankers. They will need to [...]

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