Canadian consumers are in such good shape they could probably afford to pile on a little more debt, executives of the country’s biggest bank suggested yesterday, as U.S. data showed American consumer confidence at its weakest since the lead-up to the U.S. invasion of Iraq, and home prices dropping faster than ever before. “The Canadian [...]
Archive for April, 2008
Is Ontario heading towards have-not status?
A report by the TD Bank Financial Group handed residents of Ontario a rather dire prediction on Tuesday. Their province may soon achieve “have-not” status. The report cites the strong dollar, high energy rates, and increasing commodity prices as factors that may qualify Ontario for equalization transfers by 2010 — and perhaps even as early [...]
Canada’s capital named best place to live
Ottawa has been named the best place to live in Canada by financial magazine MoneySense, although the publication’s editor says he mainly focused on affordability factors. “People always groan at the idea of Ottawa being number one,” editor Ian McGugan told CTV Newsnet on Tuesday. “It really is the triumph of the B+ student. Universities [...]
Rogers says iPhone coming to Canada this year
Rogers Communications Inc. said Tuesday it has reached an agreement to bring Apple Inc.’s iPhone to Canada later this year. But the company declined to give pricing details or say when it would begin offering the popular mobile handset, which has drawn praise for its sleek design and internet capabilities since it was first launched [...]
Tim Hortons pulls popular brew
Had Tim Hortons recalled their coffee, there would have been riots. Luckily taking its steeped tea off the menu has only stirred at tempest in a teapot. The country’s largest fast-food chain pulled its second most popular brew Friday afternoon after it was discovered the loose tea leaves were clogging the brewing machines’ filters. According [...]
Critics take aim at Tory Canadian immigration reforms
Critics are charging the Tories with asking for a blank check and misleading the public when it comes to their proposed immigration reforms. They say the Tories have given few details about the specifics of the legislation, which the government admitted for the first time on Monday would limit the number of applications Canada would [...]
