Thursday, February 23rd, 2012

Canada’s economic albatrosses
A strong loonie, over-reliance on the U.S. and high consumer debt will continue to drag on the economy in 2011, with the outlook for the next few years sluggish unless Canada switches its focus to emerging markets, economists say.
Read more on Toronto Sun

Environment Canada’s top weather stories of 2010
This year, Canadians endured hurricanes, record breaking heat and a 20-minute hailstorm that caused $400 million in damages, but it was Vancouver’s lack of snow and springtime temperatures while hosting the Olympic Winter Games that topped Environment Canada’s list of the nation’s biggest weather stories of 2010.
Read more on [...]

Canada’s health spending in 2010 predicted to reach $192 billion
A new report predicts health-care spending in Canada will reach almost $192 billion this year — an increase of about five per cent over 2009.
Read more on Hamilton Spectator

Canada’s mutual fund industry trying to justify its MERs
Canada’s mutual fund industry is on the defensive. At its annual one-day conference held in Toronto late last week, the Investment Funds Institute of Canada unleashed its heavy hitters to counter the “misinformation” being spread by the media about high management fees.
Read more on National Post

Canada’s richest provinces see smallest increases in household net worth
TORONTO — Canada’s richest provinces saw the smallest increases in household net worth last year, as real estate values in some of the country’s major markets declined.
Read more on Fort Frances Times

What other industries in Canada depend on the forest industry? How?
Where are some of the most important forest areas of Canada?

Canada’s Dollar Appreciates on Equity Gain Before Payroll Data
June 2 (Bloomberg) — Canada’s dollar strengthened versus the greenback as U.S. stock-index futures advanced before a report later this week that’s expected to show the nation’s employers added jobs for a fifth month in May.
Read more on Bloomberg

Canada’s Dollar Rebounds From 6-Month Low as Oil Advances
May 26 (Bloomberg) — Canada’s currency rebounded from the lowest level in six months versus its U.S. counterpart as crude oil climbed and global stocks advanced.
Read more on Bloomberg

Canada’s Anderson, Russia’s Zavarzina win Giant Slalom
The top of the podium is no strange place for Jasey-Jay Anderson. He is Canada’s most decorated snowboarder, with four World Championships under his belt, and he hopes to see his final podium in his home country this February at the Vancover Olympics.
Read more on Telluride Daily Planet