Canada's economy is rising

After 2016, a year of ups and downs for the Canadian economy, there’s a growing body of evidence suggesting 2017 will be a better year. Here are five big reasons the economy could do a lot better than you might think this year. The job market is recovering It mayContinue Reading

Youth unemployment

Some may call them whiny and self-important, but when it comes to jobs, Generation Y’s sense of entitlement is partly the result of being pointed down career paths that have led them back to the same opportunities they had when they were teenagers. “I don’t expect vacations, shopping or extravaganceContinue Reading

It was as if gold was taking a lesson from Bitcoin the day before, and for once you couldn’t blame North Korea. On Thursday, the electronic currency plummeted to about $50 after hitting a Wednesday high of about $260. “What did they think?” chuckled someone at a business news meetingContinue Reading

Large depositors at Cyprus’ largest bank may be forced to accept losses of up to 60 per cent, far more than initially feared under the European rescue package to save the country from bankruptcy, officials said Saturday. Deposits of more than 100,000 euros ($128,000) at the Bank of Cyprus wouldContinue Reading

Smartphone cellular contracts

Canada’s competition watchdog told the broadcast regulator how it would overhaul cellphone contracts, including doing away with hidden fees and misleading claims designed to make it harder to switch carriers and keep prices high. In a submission to the Canadian Radio-television and Telecommunications Commission, the Competition Bureau laid out changesContinue Reading