Canada ‘enthusiastic rebound’ best in G7, OECD says
A global economic forecasting group says Canadian economic growth will outpace that of other G7 nations by a wide margin during the first half of 2010. The Paris-based Organization for Economic Development and Co-operation is forecasting that Canada’s economy grew 6.2 per cent in the first quarter, well ahead of the 1.9 per cent overall […]
Dollar continues to hover near par
The Canadian dollar continued to straddle parity with the U.S. currency Wednesday. Shortly after 10 am E.T., the loonie was trading at 99.97 cents U.S., up .09 of a cent from Tuesday’s close. It rose as high as 100.03 cents US earlier Wednesday, a day after it moved above parity with the greenback for the […]
Canada Targets Asylum Laws
Canada’s immigration minister proposed sweeping changes to the country’s asylum legislation on Tuesday, aiming to help clear a multiyear backlog in processing refugee applications and stem a recent inrush of claimants. The overhaul would address an asylum system considered one of the fairest and most generous in the world—but that is now clogged by cases […]