More economic news

  • Canada Post struggles to innovate CBC - Fri Nov 20, 2:32 PM

    Canada's postal service is reinventing itself as it struggles to make up for dwindling demand in the face of a devastating global economic slowdown.

  • City of Ottawa faces budget squeeze CBC - Fri Nov 20, 2:11 PM

    Ottawa city councillors must come up with ways to pay a multimillion-dollar settlement for the city's failed light rail plan while limiting program cuts and tax increases. Meanwhile, the city's reserves have been wiped out.

  • Canada budget to stay course on stimulus: Flaherty
    Canada budget to stay course on stimulus: Flaherty Reuters - Fri Nov 20, 2:11 PM

    TORONTO (Reuters) - Canadian Finance Minister Jim Flaherty on Friday vowed to resist big, new spending measures in his next budget, but said it was too early to pull stimulus away from a still shaky economy.

  • Steele in no rush to hike HST CBC - Fri Nov 20, 4:54 AM

    Finance Minister Graham Steele says he's not ready to increase the sales tax, despite a recommendation from economic advisers to hike the HST by two per cent.

  • Bank of Canada sees "softer" third quarter
    Bank of Canada sees "softer" third quarter Reuters - Fri Nov 20, 12:57 AM

    NEW YORK (Reuters) - Canada's economy performed worse than expected in the third quarter and while now recovering, it risks further setbacks due to the sharp rise of the Canadian dollar, Bank of Canada Governor Mark Carney said on Thursday.

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