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  1. Amber

    July 2010 Canadian Economic Fundamentals

    Consumer confidence drops in July Fears of an economic slowdown or worse are draining consumer confidence in both Canada and the United States, two new surveys suggest. The Conference Board of Canada said Tuesday that its survey of consumers showed Canadians becoming less bullish...
  2. Amber

    July 2010 Canadian Economic Fundamentals

    Will the recovering economy restore consumer demand for Canadian resort property? As Fortress Investment Group LLC struggled to keep control of its Whistler Blackcomb Ski Resort during the Winter Olympics, Rick Jensen managed to steal a small jewel from the resort operator`s crown...
  3. Amber

    July 2010 Canadian Economic Fundamentals

    Oil sands emissions dwarfed by coal U.S. Ambassador David Jacobson has suggested repeatedly that Canada needs to "do more" to reduce the carbon footprint from the oilsands, most recently in a Calgary speech July 19. Perhaps the ambassador should look more closely into his own mirror because, in...
  4. Amber

    July 2010 Alberta Economic Fundamentals

    Oil sands emissions dwarfed by coal U.S. Ambassador David Jacobson has suggested repeatedly that Canada needs to "do more" to reduce the carbon footprint from the oilsands, most recently in a Calgary speech July 19. Perhaps the ambassador should look more closely into his own mirror...
  5. Amber

    July 2010 Alberta Economic Fundamentals

    Nexen`s oil sands fortunes improve as profit jumps CALGARY, Alberta (Reuters) - Production at Nexen Inc`s Alberta oil sands project is climbing steadily after a long period of start-up operational problems, Canada`s No. 5 independent oil explorer said on Thursday as it reported...
  6. Amber

    July 2010 Alberta Economic Fundamentals

    Enter the oil sands man: Canaccord Sometimes analysts (and journalists) are boring. NAV this, EBITDA that, and other acronyms can put you to sleep. . Read full article here
  7. Amber

    July 2010 Canadian Economic Fundamentals

    `Almost inevitable` interest rates will rise: Bank of Canada deputy governor The pace of Bank of Canada rate moves remains uncertain, but it is "almost inevitable" that interest rates will rise over time, outgoing Deputy Governor Pierre Duguay, right, said yesterday. Read full article here
  8. Amber

    July 2010 BC Economic Fundamentals

    Optimism fades as reality intrudes The confidence of British Columbia consumers fell sharply in July to align more closely with overall sluggish growth in the economy -- and perhaps the feeling they will be bitten by the harmonized sales tax, the Conference Board of Canada reported...
  9. Amber

    July 2010 Canadian Economic Fundamentals

    Metro Vancouver, Kelowna small business owners happiest in Canada TD index shows upbeat mood of B.C. entrepreneurs VANCOUVER - Desiree Dupuis is typical of small business owners in Metro Vancouver. Happy, confident and a slave to no one, the 31-year-old Port Moody resident is...
  10. Amber

    July 2010 Canadian Economic Fundamentals

    High Job Growth Numbers Uneven Across Canada in June 2010 Canada unexpectedly delivered surprising job growth numbers exceeding analysts expectations by six times the expected 15,000 or fewer jobs forecast. According to a July 9, 2010 report from Statistics Canada, June 2010 figures...
  11. Amber

    July 2010 Canadian Economic Fundamentals

    New US home sales in June tick up slightly, but sales still low as demand slumps WASHINGTON - Sales of new U.S. homes jumped last month, but it was the second-weakest month on record. The lacklustre economy has made potential buyers skittish about shopping for homes. New home sales rose...
  12. Amber

    July 2010 Canadian Economic Fundamentals

    Consumer gloom spreads in both Canada, U.S. over economic slowdown OTTAWA - Fears of an economic slowdown or worse are draining consumer confidence in both Canada and the United States, increasing the changes of a double-dip, two new surveys suggest. Stock markets retreated in New York...
  13. Amber

    July 2010 Prairie Economic Fundamentals

    Manitoba`s labour market tightens WINNIPEG — Manitoba`s labour market tightened a bit in June, according to the latest Help-Wanted Index report from the Conference Board of Canada. Read full article here
  14. Amber

    July 2010 Prairie Economic Fundamentals

    Sask. residents receiving EI down 0.4% in May from April REGINA — The number of people receiving Employment Insurance (EI) benefits in Saskatchewan declined 0.4 per cent in May from April, according to Statistics Canada. But the number of EI beneficiaries was higher in Regina (10.4...
  15. Amber

    July 2010 Prairie Economic Fundamentals

    Bankruptcies increase 12.8% in Sask. REGINA — Saskatchewan bucked the national trend by posting a big increase in bankruptcies in May over the previous month, according to the federal agency responsible for bankruptcy statistics. But the province`s personal and business bankruptcy...
  16. Amber

    July 2010 Prairie Economic Fundamentals

    Sask. June job postings experience biggest decline in Canada REGINA — Saskatchewan job postings posted the biggest decline in the country in June on the Conference Board of Canada`s help-wanted index, indicating a slackening job market. By contrast, online job postings across Canada rose...
  17. Amber

    July 2010 Canadian Economic Fundamentals

    Sask. June job postings experience biggest decline in Canada REGINA — Saskatchewan job postings posted the biggest decline in the country in June on the Conference Board of Canada`s help-wanted index, indicating a slackening job market. By contrast, online job postings across Canada...
  18. Amber

    July 2010 Canadian Economic Fundamentals

    Job postings continue their rise in June Job postings rose in June, the ninth increase in the past 11 months, as the labour market continued to strengthen, according to findings of the Conference Board of Canada. Read full article here
  19. Amber

    July 2010 Canadian Economic Fundamentals

    The Economic Recovery Is Well Entrenched The labour market continues to indicate that Canada`s economic recovery has firmly taken hold. In May, the economy churned out 24,700 new jobs—the fifth consecutive monthly increase. That brings total job gains for the year to 215,200. Full-time...
  20. Amber

    July 2010 Canadian Economic Fundamentals

    Canada bankruptcies fall 9.2% in May OTTAWA - The number of Canadian personal and business insolvencies fell sharply in May. The federal bankruptcy office in Ottawa says the total number of filings dropped to 11,526, down nearly 13 per cent from May 2009. Read full article here
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