Featured Investing

Markets Finish Higher

The Toronto Stock Exchange finished Friday with a 50-point gain, leaving it up about 290 points on the week. In the U.S., however, markets surged, pushing the gain for the Dow Jones to about 425 points on the week, the S&P 500 to 45 points and the NASDAQ to 63 points. The S&P gain left […]

Featured Investing

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 declining R&D spending that occurred across almost all industrial sectors,” said a Statistics Canada report […]

Featured News

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 force numbers released by Statistics Canada on Friday. Finn Poschmann, vice-president of research at economic […]