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Weakening Canadian dollar shows no interest in growing

Just when you thought the Bank of Canada’s interest rate couldn’t go any lower, it has — and with it, the Canadian dollar is taking a beating. The key lending rate is now 0.5 per cent (down from 0.75 per cent), which may sound good if you’re buying a home … [more]

Ontario is right on track with LRT investments

It seems Ontario has really gotten on board with light rail transit (LRT), taking a page from the successful LRT systems that already exist in Europe and elsewhere in the world. With projects already underway in Toronto and $1-billion commitments for LRT in other major urban centres, including Hamilton and Brampton, it … [more]

Low gas prices fuelling job losses in Alberta

For the average Canadian, lower gas prices are good news. After all, most of us still rely on our vehicles, and a dip in prices at the pump means saving a lot of money down the road. But while many people see lower gas prices as a win, the … [more]

Canada is smart to get into redbacks

C.J. Gavsie, BMO Capital Markets’ head of foreign exchange products, had an interesting proposition recently in the National Post.  Gavsie suggested that a key way for Canada to increase its exports to China, the world’s second largest economy behind the US, is to open a trading hub. This would make … [more]

Stop! Canadian housing prices may be grinding to a halt

With housing pricing looking like they are constantly continuing to rise it may be hard to believe that they could come to a stop, but analysts are warning that might just be the case. According to the Canadian Real Estate Association (CREA) prices are likely to slow in the fourth … [more]

Canada’s provincial trade barriers – they’ve got to go

Brad Wall, the Premier of Saskatchewan, is charting the right course in leading a call  for an end to trade barriers between provinces. There’s no need for the Canadian economy to lose out up $50 billion a year – we are all one country. While provinces do compete against each … [more]

A national securities regulator – essential for Canada to maintain its global reputation

Canada’s banking and financial system is considered one of the best in the world. Why this is has been proven time and time again since the 2008 global financial crisis. It’s our strong national regulations that keep our banking system running well. Therefore it is a bit disconcerting that the … [more]

Ontario needs to learn from Germany when it comes to renewable energy

Renewable energy — it is a great idea in principle, but it’s one where reality has yet to catch up to the concept. Unfortunately, that’s a fact that Germany is now grasping. The country, which invested significant amounts of government spending on wind and solar power, is now seriously reconsidering … [more]

The Ontario Budget – Liberals need to watch their spending

With the recent introduction of the Liberal budget – or should I say reintroduction  as it was the same one that came out just before the recent election – the Liberals are continuing take Ontario on the same path that they did before the recent provincial election. That budget does … [more]

The Election – Ontarians not ready for a Conservative reality check

When I look back at the recent provincial election I do not see it as a victory for Kathleen Wynne and the policies of the Ontario Liberal Party. Instead, I see it as Ontarians being unprepared for the reality check that Tim Hudak and the Conservative Party put forward and … [more]

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