too few nations have chosen the conservative borrowing rules-especially regarding buying a new home-that has been the backbone of the Canadian banking system. Be that as it may 邓紫棋被歌迷求婚 女子彩票中51亿

Canada’s Economic Recovery Slowing Posted By: Molly Wider A recent economic retake of the predicted recession recovery for Canada shows the country is not improving as fast as hoped. As a matter of fact, it’s been stated that Canada is slowing much quicker than previously anticipated. However, the Bank of Canada is confident Canada will not slip into a second recession and the economy will once again pick up. The Central Bank shares concerns that the economic weakness in the United States combined with the global uncertainty due to Europe’s ongoing debt issues could have a negative affect on both Canadian and global recoveries in general. However, some confidence has been resumed from government plans that have been put into place to prevent additional European deficits from getting out of control. Mark Carney from the Bank of Canada says, "Those responses took out … the possibility of something very bad happening because of the debt burden." Carney also adds, "Given the profile of growth in the three per cent area both in Canada and the United States, the prospect of that (double-dip recession) is very low.Canadian Economy Canada Economic news more Canadians saving Candians lose faith in economy Canadian financial news banks benefit from increased saving Canadian Economy Conservative Spending Rules Posted By: Molly Wider We all might feel a certain irony (or irritation, perhaps, depending on your political affiliation) about the $1B Canada spent on security and estimated further $1B to host the G8 and G20 summits recently since the meetings were all about wasteful government spending. But Canada has also been in the international eye-both on CNN and in The Guardian Weekly-for its staunch stability in face of world economic decline and financial turbulence over the past two years. Good news for us since there’s now concern of a second worldwide dip into recession Canada might again be able to duck. According to The Guardian Weekly, too few nations have chosen the conservative borrowing rules-especially regarding buying a new home-that has been the backbone of the Canadian banking system. Be that as it may, the facts also show that Canadians are still carrying a lot of debt-about $41,000 for every person in this country-more than any other developed nation. Good news, though, is that we have re-leveraged less of our mortgages into cash to upgrade our lifestyles than in other countries. What does this mean for the average Canadian?Canadian Economy Canada Economic news more Canadians saving Candians lose faith in economy Canadian financial news how economy affects Canadians Canad Canadian Economy Less Risk And More Savings At Canadian Banks Posted By: Molly Wider Canadian banks may be the ones benefiting from the savings safety net many people have put their money into. A growing trend has seen Canadians putting their money into checking and saving accounts rather than high-risk investments. Banks have reported a 20 percent increase in the last year, which is up considerably from the normal 3 or 5 percent they saw the year before. Financial services consultant David McVay explains, "Canadians are more conservative than they were in 2007, adding that "more consumers are paying off debt, opening RRSPs and tax-free savings accounts than they were a year ago. We’re seeing a shift from stock investing into keeping more money in savings accounts because of the financial crisis," he said. "The banks are marketing to the uncertainty that Canadians have about their savings and retirement plans caused by the financial crisis," McVay said. This comes as banks see many baby boomers putting their money in safer places after declining stocks had a large impact on their retirement savings. Another equivalent loss could see them possibly working for another 10 years.Canadian Economy Canada Economic news more Canadians saving Candians lose faith in economy Canadian financial news banks benefit from increased saving Canadian Economy The Conference Board Of Canada: Consumers Losing Economic Faith Posted By: Molly Wider For many consumers, reading headlines about the Canadian economy brings with it a lot of confusion. While economists continue to claim lower unemployment rates and higher consumer spending, it’s difficult to make light of what is really happening in our economic world. Analysts predict an economic upswing, the housing market predicted a bubble burst, and the rest of the world wonders how Canada seems to remain unscathed by the same recession that crippled many other countries. In May, it was posted that the Canadian economy added an additional 24,700 jobs to the labour force. However, in a June poll taken by the Conference Board of Canada, it found that when it comes to consumer’s economic confidence, the points have fallen by 5.7 per cent, which officially eliminates any gains Canada had in May. The index is officially 13 points behind where it started at the beginning of the year. Even with recent labour force surveys showing a steady climb in jobs, many people are worried about the employment prospects as more and more Canadians are concerned about job losses. Several large companies have announced layoffs to reconstruct themselves, save money or shift their interest into other areas.Canadian Economy Canada Economic news Consumers Losing Economic Faith Candians lose faith in economy Canadian financial news Canadian Economy 相关的主题文章: