Source: Globe & Mail
Friday, December 11, 2009

Mark Carney is urging prudence among Canadians who are borrowing at super-cheap rates today but may not be able to afford higher payments tomorrow.

Looking for ways to green your home? Take a look at this interactive CMHC information guide for inspiring projects that save energy and reduce your impact on the environment!

Source: Globe & Mail
October 20, 2009

The Bank of Canada left its benchmark interest rate at a record low 0.25 per cent Tuesday, stating that while the Canadian economy is recovering, the current strength of the Canadian dollar "is expected, over time, to more than fully offset the favourable developments since July."

Source: The Associated Press
May 5, 2009

U.S. Federal Reserve Chairman Ben Bernanke told Congress Tuesday that the economy should pull out of a recession and start growing again later this year.

Source: Globe & Mail
April 14, 2009

The prevailing economic news is still overwhelmingly dismal. But, as United States Federal Reserve Board Chairman Ben Bernanke noted Tuesday, at least things do not appear to be getting much worse.

“There are tentative signs that the sharp decline in economic activity may be slowing,” Mr. Bernanke said.

That, in itself, can be viewed as a positive sign, he indicated.

Finally some economic news that doesn't prompt a recall of past catastrophe.

Consumer prices showed some surprising signs of life in February, dispelling fears of deflation gaining a foothold in the Canadian economy. Prices rose 1.4 per cent from a year earlier, driven by higher food and shelter costs, Statistics Canada said Thursday.