A tumultuous Greek exit from the eurozone would have a harder impact on Canada’s economy than the credit crisis recession of 2008 and 2009, a report from a major Canadian bank warns. The prospect of debt-saddled Greece defaulting on its loans, and exiting the euro currency union at some pointContinue Reading
The historic initial public offering of Facebook Inc did not go as planned on Friday, as the social networking company’s sky-high valuation combined with trading glitches left the stock languishing near its offering price at the market close. Facebook shares began trading late Friday morning and opened 11 percent aboveContinue Reading
Anti-oilsands activists hit back at recent criticism of foreign funding of environmental charities Thursday by releasing a report showing oilsands companies are overwhelmingly foreign-owned. ForestEthics Advocacy — a spin-off of ForestEthics, which is a registered charity — released a shareholder analysis conducted using Bloomberg statistics that found 71 per centContinue Reading
I haven’t written a Bulls vs. Bears post in a while. Given the tremendous stock market run from the end of last year through the end of the first quarter of this year, it seems like a good time to assess the current position of the markets. I recently readContinue Reading
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