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Economy Shrank in May

The economy shrank by 0.3 per cent in May, the second consecutive monthly decline, with slumps in mining, and oil and gas production leading the downturn, according to a report by Statistics Canada. The agency says the shrinkage comes on the heels of a stagnant April. The last rise in the real gross domestic product […]

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The Cost of Freer Trade

Before Sept. 11, 2001, Canada and the United States liked to brag that the line on the map between them denoted the longest undefended border in the world. Since exporters could cross that border in the blink of an eye and the Canadian dollar’s value was low, Canada was able to woo foreign investors by […]

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Canada Opposes Palestinian Bid for Statehood

Canada is rejecting a Palestinian effort to win recognition at the United Nations as an independent state. The move is not surprising given that the Harper government has forcefully highlighted its loyalty to Israel and the United States. Both oppose the Palestinian initiative. The Palestinian Authority, which controls most of the West Bank, launched a […]

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Saving – 10 Things You Need To Know

There’s a reason why the saying ‘a penny saved is a penny earned has been around a long time’ – it’s true. Saving money can feel like hard work. But there’s no mystery to it. From getting started with a budgeting to setting goals and paying yourself first, here’s what you need to know. 1. […]