The Islamic Republic of Iran has mounted a full court press to persuade the global financial community to overlook its long rap sheet of financial crimes. In recent weeks, two of the Islamic Republic's most savvy diplomats were on the offensive to persuade the Obama administration to green light Iran's access to U.S. dollar transactions.
These factors have brought hard times to some industries and uncertainty about the impacts to the Canadian economy as the whole. While uncertainty is never comfortable, it can present some opportunities and challenges depending on your situation or sector. Here are three to watch for the rest of the year.
Stephen Poloz may be trying to sink the loonie. But it’s not some underhanded plan to damage Canada’s currency that the Bank
On Friday, Mark Carney told us that advocates of the so-called Dutch Disease theory have it wrong. A bit of data is a good thing in a heated debate. Consider Statistics Canada latest (seasonally adjusted) monthly manufacturing sales numbers covering June 2012 sales. And when you do, ask yourself a simple question: does the data support Dutch Disease -- or are we seeing a case of a Central Canadian Cold?
June 30, 2012, marks 25 years since Canada ditched its one-dollar bill in favour of a gold-coloured coin. And while the move
TORONTO -- The Canadian dollar was below parity with the U.S. currency Wednesday morning as turmoil in Greece persuaded traders
Canada lost industrial plants at twice the pace of the United States last year, a new report says. Industrial Info Resources
TORONTO - The Canadian dollar tumbled almost two U.S. cents Thursday while the American dollar strengthened following a move
OTTAWA - The Canadian economy grew at a slower-than-expected pace of 1.5 per cent in the second quarter, the Bank of Canada
TORONTO -- Like the fortunes of the Vancouver Canucks at this year’s Stanley Cup playoffs, the Canadian loonie has soared