Business News
by
Castanet Staff - Story:
33661
Sep 15, 2007 / 11:00 am
Sep 15, 2007 / 11:00 am
Retail sales and industrial output both slowed in the US last month, as the economy felt the strain from the housing slump and credit squeeze.BBC
The average price of a resale home in Canada's major markets fell in August for the second month in a row amid slower sales, new figures show.CBC News
Premier Rodney MacDonald delighted the film making community in Nova Scotia Thursday by announcing a boost to film tax credits.CBC Money
Bank of Canada Governor David Dodge says he should have driven up interest rates “harder” before the current global credit squeeze to tighten borrowing conditions, according to an interview published in The Economist magazine.Report On Business
Backed into a corner by a surging Canadian dollar, Montreal-based lumber producer Tembec Inc. said Friday it has temporarily stopped selling lumber on the spot market and would reassess conditions next week.Report On Business
The average price of a resale home in Canada's major markets fell in August for the second month in a row amid slower sales, new figures show.CBC News
Premier Rodney MacDonald delighted the film making community in Nova Scotia Thursday by announcing a boost to film tax credits.CBC Money
Bank of Canada Governor David Dodge says he should have driven up interest rates “harder” before the current global credit squeeze to tighten borrowing conditions, according to an interview published in The Economist magazine.Report On Business
Backed into a corner by a surging Canadian dollar, Montreal-based lumber producer Tembec Inc. said Friday it has temporarily stopped selling lumber on the spot market and would reassess conditions next week.Report On Business
Today's Market
| S&P TSX | 10283.10 | +37.19 |
| S&P CDNX | 1092.96 | +0.38 |
| DJIA | 8280.74 | -223.32 |
| Nasdaq | 1796.52 | -49.20 |
| S&P 500 | 896.42 | -26.91 |
| Gold | 932.50 | +1.50 |
| Lumber | 188.70 | -0.10 |
| Oil | 65.63 | -1.10 |
| CDN Dollar | 0.8615 | N/A |
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Okanagan Companies
| Sun Rype | 8.82 | +0.10 |
| Candorado | 0.05 | 0.00 |
| Pacific Safety | 0.18 | 0.00 |
| Knighthawk | 0.05 | 0.00 |
| QHR Software | 0.54 | +0.055 |
| Cantex | 0.14 | +0.02 |
| Columbus Networks | 0.03 | 0.00 |
| Anavex Life Sciences | 2.57 | 0.00 |
| ID Global | 0.002 | -0.0001 |
| Paragon Pharmacies | 0.20 | 0.00 |
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Real estate market on the upswingDespite a slow start to the year, the Canadian market has certainly bounced back since the low of last January. Resale housing in particular is again surging forward, and in May reached new heights. ...
The Bug is on the crawlCould we see gold prices crawl above $1000 per ounce? Gold rose to almost $950 recently and has maintained its position above $940 per ounce this week. Its rise from $910 was largely driven by inflati...
Selling in a slow marketSelling a house in a slow real estate market can be difficult. In times like these, it’s not enough to simply list your home and wait you actually have to sell your home. Here are five tips from a rea...
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- Privacy watchdog troubled by 'explosion' of information breaches
- Most wireless 911 callers won't be locatable despite new rules: study
- Canada-wide organic food standards kick in
- P.E.I. company's Toronto trash work called 'strikebreaking'
- Fredericton Transit slashes fares for weekends, evenings
- Pirate Bay site sold to Swedish gaming company
- Standard rate on water use coming for St. John's businesses
- China postpones internet filter software plan
- Plastic bag use falls 70% at Metro grocery stores
- Tourism spending in Canada falls again
- Europe gets cellphone makers to back single charger standard
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