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Articles Written by: ERIC SHACKLETON
TORONTO - Major retailers across Canada are gearing up for the Christmas season in face of shaky consumer confidence and a global credit crunch, in some cases expanding to 24-hour-a-day operations.
Wal-Mart Canada (NYSE:WMT) is keeping the doors open ...
TORONTO - Analysts are predicting that volatility in the capital markets will continue in the "near term" and won't start to ease until the second half of 2009.
"Looking ahead to 2009, the key questions on the minds of investors are when the heavy ...
But the ex-items bottom line fell short of the Thomson Financial analyst consensus expectation of 45 cents per share.
What investors have seen in the past few months, president and interim CEO Peter Munk told a conference call is "the almost flawless ...
Canada's main stock index, for instance, has fallen more than 30 per cent since the beginning of 2008, while other markets around the world have also taken major hits
Many pension plans are also getting squeezed by low, long-term interest rates, which ...
TORONTO - Deeply eroded pensions, investments that have bled billions in net worth, thousands of lost jobs, and now workers could see their wage increases slashed as Canadian employers are forced to trim costs in tough economic times.
A Conference ...
TORONTO - Wood panel maker Norbord Inc. (TSX:NBD) sees more red ink staining its books at least over the next two quarters due to the global financial crisis and slowing North American construction industry, but believes raw material prices will ease ...
The report, released by the Organization for Economic Co-Operation and Development, said the gap between the rich and poor in Canada widened between 1995 and 2005 partly because Ottawa spent less on benefits than many other developed countries.
As the ...
From MICHELLE MCQUIGGE AND ERIC SHACKLETON, T,
Canadian Business Online,
21 Oct 2008
The loonie's rebound "comes down fairly specifically to the commodity prices," said TD Bank chief economist Don Drummond.
"There is some confidence around the world that you're going to see this flight to safety to the U.S. dollar diminish somewhat," ...
"This market has cooled," said Royal LePage president Phil Soper, commenting on the national real estate sales company's latest house price survey.
Homebuilders are looking at the number of homes on the market available for sale and the number of new ...
"Unlocking CI's value" provides Sun Life with "enhanced firepower to aggressively pursue our growth objectives," the insurer's chief executive, Donald Stewart, said Monday in a conference call.
"Recent market events have been nothing short of seismic ...
