Economy

Worthwhile Canadian Comparison – NYTimes.com

I’m in Toronto, where I just received an honorary degree from the University of Toronto; and my thoughts have naturally turned, as they don’t do often enough, to matters Canadian. For it seems to me that Canada offers a useful test case for theories about what lies behind the Great Recession and the Not-So-Great Recovery. In its early stages, the […]

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How strong is the economy Canada’s Mark Carney leaves behind? | Business | The Observer

Bob Robinson, the good-natured, broad-shouldered boss of Calgary construction firm Westcor, says: “If you can’t get a job in this city, you’re not trying.” Calgary is the Houston of Canada: a fast-growing city with a frontier atmosphere. The skyline is punctuated by glass and steel skyscrapers in which oil and gas executives plan multibillion-dollar investments against the distant backdrop of […]

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5 reasons Canada lags on tax-haven crackdown – Canada – CBC News

When eight of the world’s wealthiest countries gather on Monday for their annual forum, this time in Northern Ireland, the meeting will focus on, among other things, offshore tax havens. The G8 summit on Monday and Tuesday comes nearly two months after what is believed to be the largest ever leak of data from offshore tax havens, most of it […]

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Canada Dollar Strengthens to Four-Week High as Crude-Oil Jumps – Bloomberg

The Canadian dollar strengthened to the highest in a month versus its U.S. counterpart as oil, the nation’s largest export, surged on concern tension in the Middle East may reduce exports. The currency declined earlier as factory sales unexpectedly fell at the fastest pace in more than three years in April. Canada’s dollar rose for the second week after the […]

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