High inflation in Asia may hinder the region’s anti-poverty gainsMediaGlobal, NY - 12 hours agoYet India has attempted to secure domestic rice stocks and control food prices. In March of this year, the country raised its minimum price for the export …

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While there was a drop in the number of international visitors to Canada during the first three months of 2008, more Canadians took vacations at home, according to a report released by Statistics Canada Friday.

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There are more investment and corporate banking layoffs to come at Canadian bank-owned dealers and boutique firms, a recruiter predicted on Friday, as credit markets in particular suffer from lacklustre demand.

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Oil hit another record and global stocks fell further Friday with the Dow briefly dipping into bear market territory as investors fled risk to the safety of gold, government debt and the Swiss franc.

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The main TSX index ended with a moderate gain Friday as resource stocks were propped up by gold and oil prices, while the rest of the market followed the lead of sliding U.S. stocks.

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Canadians should have an extra reason to celebrate Canada Day Tuesday, which will follow expected news Monday that after two months of shrinkage, and a first-quarter decline, the economy rebounded in April

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Canada’s dollar rose the most in more than a month as the price of crude oil reached a record high of more than US$142 per barrel.

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Rogers Communications unveiled new data plans designed to work with the launch of its much anticipated iPhone on July 11.

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The financial sector is looking to cash in on a bumper crop of customer’s savings thanks to a new type of tax-free account announced by Ottawa in February and approved by Parliament last week.

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After 12 years in London managing Merrill Lynch’s
global-currencies division, Harry Culham returned to Canada in May
to join CIBC World Markets as the head of fixed income and
currencies. “Canada has changed a lot since I left in 1994. I’ve
come back to a much more confident country, whether it be in
finance, the economy, technology or the commodities sector,” says
Mr. Culham. “Also, CIBC is focused more on the long term … and it
has got leadership in place that people want to work for.”

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