While retailers in North America are bracing for the worst winter season in years, shopping mall owners are trying to be optimistic about the prospect of steep declines in year-over-year consumer spending.
Read full story
The stock-market swoon is likely to trigger a series of tax-loss share sales by investors that, experts say, could cut Ottawa revenue from capital gains by nearly $3-billion this tax year.
Read full story
Rocked by the turmoil in financial markets, Canada’s public-sector pension plans are facing huge losses and taxpayers will be on the hook, according to industry experts.
Read full story
Jim Flaherty, the Minister of Finance, warned Wednesday of “misguided” attempts of balancing the books during a period of global economic uncertainty — the clearest sign yet his Conservative government may be forced to post a deficit.
Read full story
The U.S. Federal Reserve delivered what markets expected Wednesday, a half-point cut in interest rates coupled with a sobering assessment of downside risks that consigns the 2008 inflation scare to history and opens a full-fledged war against deflation.
Read full story
Evergreen Capital Partners Inc., an employee-owned, boutique brokerage firm with offices in Toronto and Calgary is winding up operations.
Read full story
The Toronto Stock Exchange’s main index climbed more than 3% on Wednesday as energy and materials issues rose on higher commodity prices, and on a decision by the U.S. Federal Reserve to cut interest rates to try to jolt a sluggish global economy.
Read full story
Not since Canada cut the Canadian dollar loose to float freely on world exchange markets nearly four decades ago has the loonie gained as much in a single day as it did Wednesday.
Read full story
Holly Wood’s first hint that something was “smelling fishy” in Vancouver’s champagne-infused construction market came several weeks ago, when she discovered that the presentation centre for the city’s most glamorous project was strangely closed.
Read full story
Give out these cool candies this HalloweenAtlanta Journal Constitution, USA - Oct 28, 2008Made in Indonesia, these gooey chews come wrapped in a thin skin of edible rice paper and have all the peppery pungency you’d expect from fresh ginger. …
Read full story