Archive for 'Investments'
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 [...]
Full StoryV-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 [...]
Full StoryBank of Canada expected to keep its rate promise-near zero levels
The Bank of Canada will stick to its conditional pledge to keep its benchmark interest rate at its current near-zero level through the second quarter of next year, most Canadian primary securities dealers said on Friday. Eight of Canada’s 12 primary dealers polled by Reuters predicted the slow pace of economic recovery will prevent the [...]
Full StoryCash rich China eyes Canada’s rich resources
China’s purchase of a C$1.74 billion ($1.5 billion) stake in Teck Resources may be just the opening move from the world’s top resource consumer in a strategy to use its unique wealth advantage to become a key source of mining capital for Canadian firms. Teck said last week it sold a 17.2 percent equity stake [...]
Full StoryHigh-yield bonds remain attractive
The price of high-yield bonds has soared in the past three months as the economic situation has reverted into just a really awful recession. And now that a reprise of the Great Depression is averted, high-yield bonds still look like good value in spite of rising default rates and sizeable gains since March. Companies issuing [...]
Full StoryHarper Government has Launched $1-Billion Clean Energy Fund, Invests in New Technology, Creates Jobs
Canada will further demonstrate its leadership in the development and advancement of clean energy technologies thanks to the launch of the $1-billion Clean Energy Fund, announced in May by the Honourable Lisa Raitt, Minister of Natural Resources, during an address to the University of Alberta. “By investing in the Clean Energy Fund, our Government is [...]
Full StoryInvesting in Canada: 3 Top Stocks to Buy Now
I’ll say it right up front: investing in Canada is one of my top five-year investing themes. The Canadian dollar is cheap (in PPP terms) versus the U.S. dollar. Canada’s banks are strong and more conservative than ours and its government is conservative and sensible. And unlike the United States, Canada is an energy exporter. [...]
Full StoryAlberta’s oil sands show signs of life
Unlimited overtime pay was just one of the many perks John Halbauer enjoyed as a welder during Alberta’s super-sized energy boom. That’s disappeared, along with 11 of the 25-year-old’s 13 co-workers who got laid-off in January. “I was worried. I didn’t know if I was going to have to move back home or what,” the [...]
Full StoryCarney delivers reality check on economy
Mark Carney, the Bank of Canada governor, suggested Thursday the markets might be premature in their enthusiasm about improving economic conditions, and are underestimating how long it will take for the global economy to heal. His remarks, made in Montreal at the International Economic Forum of the Americas, came after a speech in which he [...]
Full StoryGovernment butters up foreign reporters to beef up investment
The Conservative government is flying reporters to Canada and beefing up its presence on the international trade-show circuit, but Trade Minister Stockwell Day wants more bucks to stimulate flagging foreign investment. Day is pushing his cabinet colleagues for a larger chunk of the $50 million the government sets aside annually in the budget under the [...]
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