View the video here on your mobile device. More than three-quarters of Canadians believe the Vancouver Winter Games will be over budget, according to a new Canadian Press Harris-Decima poll. In a survey conducted last month, 84 per cent of those polled indicated the Games will finish in the red, while just three per cent [...]
View the video here on your mobile device. CIBC World Markets says Canadian investors will likely return to RRSPs this year after fleeing from the retirement investment vehicles when economic conditions worsened. A CIBC report suggests that both female and younger investors will lead the way as significant contributors, though the report doesn’t provide any [...]
View the video here on your mobile device. The Ontario government launched a $1.6-million ad campaign on February 11 in a bid to provide more information about tax harmonization. Revenue Minister John Wilkinson says the print ads direct readers to a government website on the province’s tax reforms, which includes the controversial HST. He says [...]
View the video here on your mobile device. A New Democrat MP is urging the federal government to extend employment insurance for workers who are running out of benefits. Yvon Godin says more than 500,000 workers have yet to find work, but are close to exhausting their EI entitlements. The government has a responsibility to [...]
View the video here on your mobile device. Jean Jacques Henchoz, President and CEO of Swiss Re Canada, predicts that 2010 will be a transition year in terms of the economy and insurers need to place their focus on underwriting profitability. Jean Jacques Henchoz: I think to some extent the Canadian economy will fair better [...]
View the video here on your mobile device. The seventh annual Successful You business awards will be presented in June by Small Business BC, and the event will be sponsored by the Insurance Bureau of Canada. The awards are intended to recognize the contributions of BC entrepreneurs to the economy. Two new categories will be [...]
View the video here on your mobile device. The Ontario Federation of Labour is launching an ad campaign to press for a ‘good jobs’ budget from the Ontario government. OFL president Sid Ryan says creating good jobs will help pay down the $25 billion deficit and is the "only sustainable way" to really help the [...]
View the video here on your mobile device. A Scotiabank report predicts this year that resource-rich Alberta and B.C. will lead the rebound in car and light truck sales, which in turn should mean more commissions for sellers of auto insurance. Rising oil prices will give Albertans enough cash and wherewithal to buy about 198,000 [...]
View the video here on your mobile device. Businesses expect to boost hiring and capital spending in the first half of the year as the U.S. recovery from the recession slowly continues, according to a new survey. Since the fall of 2009 demand has edged higher in the goods-producing, finance and real estate industries, while [...]
View the video here on your mobile device. Fewer Canadians and businesses filed for bankruptcy in November, providing another sign that the economy is in recovery mode. The Office of the Superintendent of Bankruptcy Canada says total bankruptcies declined by four per cent in November compared to October. Part of the drop was attributed to [...]
View the video here on your mobile device. Calgary, Waterloo, Ottawa, Vancouver, St. John’s and Richmond Hill have what migrants are looking for when choosing where to locate, according to the Conference Board’s second report assessing the attractiveness of Canadian cities. The report, “City Magnets II: Benchmarking the Attractiveness of 50 Canadian Cities”, analyzes and [...]
View the video here on your mobile device. Canadians are taking steps to improve their finances and keep more of their money according to a recent poll by Angus Reid Public Opinion for H&R Block Canada. Eighty-six per cent of Canadians have taken at least one step to improve their financial situation in the last [...]
View the video here on your mobile device. Canada’s economic recovery is becoming more solidly entrenched with the private sector beginning to play an increasingly pivotal role in leading the country out of recession, the Bank of Canada said January 21st in its latest policy report. In a mildly upbeat assessment of the recovery, the [...]
View the video here on your mobile device. Ship owners are facing a more modest range of general increases – at 4.54 percent on average – on their protection and indemnity (P&I) premiums at the annual February renewal, as predicted by Aon in its Mid-Term Review. Aon forecasts that the 2010 round of increases will [...]
View the video here on your mobile device. After three straight quarters of rising interest in investments, more Canadians say they’re focused on paying down debts as they head into the New Year, according to a national poll for Manulife Financial. Those who say their top priority is to pay down credit cards, lines of [...]
View the video here on your mobile device. According to its own estimates, the US Federal Deposit Insurance Corporation will see losses exceeding $36 billion owing to the 140 banks that failed in 2009. By comparison, those losses will eclipse the total dollar amount of the losses the FDIC incurred during the six years spanning [...]
View the video here on your mobile device. A new Royal LePage survey predicts Canada’s residential real estate market will remain unusually strong through the first half of 2010. The real estate firm says as confidence in the economic recovery grows, average prices are expected to continue to increase. Royal LePage executive Phil Soper says [...]
View the video here on your mobile device. More than half of Canadians surveyed recently for the Economic Club of Canada expect the economy will improve this year. The Pollara Strategic Research survey in December found 54 per cent of Canadians expect the economy will improve in 2010. That’s a far more optimistic reading than [...]
