More economic news

  • Council passes police, library budget CBC - Wed Jan 27, 5:33 PM

    Ottawa city council approved the city's police and library budgets Wednesday.

  • Bank of Canada says Fed swap facility to expire
    Bank of Canada says Fed swap facility to expire Reuters - Wed Jan 27, 2:39 PM

    OTTAWA (Reuters) - The Bank of Canada will allow a temporary swap facility with the U.S. Federal Reserve to expire on February 1, 2010, having never drawn on it, the central bank said on Wednesday.

  • Vancouver expected to post best economic growth of any Canadian city in 2010 The Canadian Press - Wed Jan 27, 12:16 PM

    OTTAWA - The Olympic effect will give Vancouver's economy enough of a boost to make it the top economic performer among Canadian cities this year, according to a report Wednesday by the Conference Board of Canada.

  • Canada resale home price index up for 7th month
    Canada resale home price index up for 7th month Reuters - Wed Jan 27, 10:52 AM

    TORONTO (Reuters) - Canadian home resale prices rose for a seventh straight month in November on gains in all six major metropolitan markets surveyed, according to a report on Wednesday.

  • Flaherty says to keep close eye on trusts
    Flaherty says to keep close eye on trusts Reuters - Wed Jan 27, 10:14 AM

    OTTAWA (Reuters) - The Canadian government will keep an eye on income trusts to make sure they do not avoid taxes when their favored tax status expires next year, Finance Minister Jim Flaherty said on Wednesday.