Could QE3 Destroy The American Economy? | Benzinga.com
http://stock.ly/7f88otDue to the recent economic conditions, some economic commentators have questioned the need for a QE3. Though the Fed has signaled that it planned to tighten monetary policy at the end of June, many have speculated that QE3 was inevitable.In March, Atlanta Fed President Dennis Lockhart said that the
Food Bank Use In Canada Hits Highest Level On Record
The number of Canadians using food banks skyrocketed by 28 per cent over the past two years and has now hit the highest level on record, according to a new report.
Mark Carney's Rate-hike Quandary: To Pause Or Not To Pause
http://stock.ly/2yvke3Mark Carney must feel like a parent trying to instill wise spending habits in a carefree kid heading off to university: all he can do is give his best advice and hope it sinks in.That’s a rough approximation of the tricky position the Bank of Canada governor finds himself in as he prepares to
David Rosenberg Sees Rise In Mortgage Delinquencies
Economist David Rosenberg expects a "rising number" of Canadian homeowners won't be able to meet their mortgage payments as interest rates rise and real estate values sink.
Housing Market Remains Vulnerable
Hefty debts, rising interest rates threaten to cut homeowner spending and put a drag on the economy, OECD report warns. Will Ottawa have to intervene?Toronto and Ottawa — From Monday's Globe and Mail Published on Monday, Sep. 13, 2010 3:00AM EDTLast updated on Monday, Sep. 13, 2010 11:36AM
Six In 10 Canadians Live Pay To Pay
The recession may be officially over, but six in 10 Canadians are still surviving from paycheque to paycheque, a national survey showed Monday. Fifty-nine per cent of Canadian workers say they would be in financial trouble if their paycheque was delayed by just a week – the same proportion as last
Canada Trade Deficit Hits Record, Housing Slows
NYSE and AMEX quotes delayed by at least 20 minutes. NASDAQ delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.TORONTO, Sept 9 (Reuters) - Canada had a record high monthly trade deficit in July and the housing market stalled, data released on Thursday
Ontario's C$222b Debt
The Province's publicly-held debt consists of funds borrowed from the general public and institutional investors. Publicly held debt is $205.7 billion, or 93 per cent of total debt as at June 30, 2010, issued in the following currencies (including $0.1 billion unrealized foreign exchange gains):
