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Canadian Firms to Spend More on R&D in 2011
Research and development spending by industry is expected to increase in 2011 — the first time in four years that has happened in Canada. “The 2011 industrial R&D spending intentions suggest that recovery is underway after three consecutive years of... (Continue reading)
Canada Loses Jobs in November
Canada shed another 19,000 jobs in November on the heels of a steep drop in October, edging the national unemployment rate to 7.4%. The economy lost 53,000 part-time jobs, offset by a gain of 35,000 full-time jobs, according to labour... (Continue reading)
Canadian Debt Levels Keep Rising
Canadians continued to rack up debt in the second quarter of the year as they took advantage of low interest rates, Statistics Canada said Tuesday. The ratio of credit market debt to personal disposable income crept to 148.7 per cent... (Continue reading)
Canadian Youth Woefully Inactive
Written on 19 Jan, 2011 at 21:44 in News & Opinion | Comments
The vast majority of Canadians aren’t moving enough to reap fitness benefits, and sedentary living is especially a problem among young people, Statistics Canada reports. Studies released Wednesday compared the physical activity levels of Canadian adults to those who are... (Continue reading)
Cars, trucks both down as new vehicle sales drop in August
Written on 15 Oct, 2010 at 9:49 in News & Opinion | Comments
Sales of trucks and passenger cars were both down as the number of new motor vehicles sold dropped 4.8 per cent in August. That’s 128,764 new vehicles. Statistics Canada reports preliminary industry data indicate new vehicle sales increased four per... (Continue reading)
Canada’s economic recovery stalls in April
Written on 30 Jun, 2010 at 11:25 in News & Opinion | Comments
Canada’s economy stalled in April on a slide in retail sales, suggesting the pace of growth is slowing and that the central bank may think twice about raising interest rates again this month. Statistics Canada said on Wednesday real gross... (Continue reading)
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