As wealthy Americans continue to forge ahead of several of their global peers, the American middle class – for long the most affluent in the world – seems to have lost that distinction, according to an analysis conducted by New York Times. The analysis, based on surveys conducted over the past 35 years, shows that
For almost a year, the Bank of Canada has been expecting key pieces of the economy to fall into place. Unfortunately, this hasn’t happened. Instead of the long-anticipated rebound in exports and business investment, growth has been low as every forecast, whether for Canada or globally, failed to deliver as advertised. “Right now, we do
According to a report by CIBC World Markets, Alberta has the strongest projected growth along with good demographics and immigration trends, making it the most favorable place in Canada for small businesses to flourish. The Deputy Chief Economist at CIBC Benjamin Tal believes that these characteristics “offer a steady stream of future entrepreneurs and workers
Quebec has a great record when it comes to finding new ways of doing things. However, one sector that continues to search for a solution is Quebec’s higher education system – the prime question for many people in the previous election, some 19 months back. This time though, it has been conspicuous by its absence.
Once again, Canada added jobs in March and saw the overall unemployment rate drop to 6.9 percent. The latest numbers are spurring further hope of recovery, as experts’ economic predictions were surpassed. Overall, Canada added 43,000 new jobs last month, though most of those are part-time. Additionally, most of the new positions are in the