The contrast between the Canadian and U.S. June employment numbers highlights a growing reality: About the best thing Canada’s economy has going for it is the U.S. economy. Canada’s job count for the month was virtually unchanged from May (officially, an inconsequential 400-job dip), a slap of reality after the giddiness brought on by May’s massive 95,000-job surge. For the […]

Except when Canada was pursuing the free-trade agreement with the United States almost 30 years ago, there’s never been a time when the country’s trade negotiating agenda has been so highly charged. Not only are the Canada-European Union trade negotiations at a critical stage, there’s the Trans-Pacific Partnership (TPP), the continuing Canada-U.S. Beyond the Border (and regulatory co-operation) initiative and […]

An anticipated financial recovery south of the border is likely to help economic growth in Canada, economists said Wednesday, although the U.S. is likely to outpace its neighbour for the first time in years. RBC Economics raised its estimate for Canada’s 2013 economic growth to 1.9 per cent, from 1.8 per cent in March, citing an improving picture on trade […]

North America reclaimed the top spot with the most millionaires last year, as the world’s ultra-rich led the way in raising global wealth to a record high, according to a report by Cap Gemini and Royal Bank of Canada. People in North America with at least $1 million in investable assets climbed 11.5 percent to 3.73 million in 2012, regaining […]