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The New Housing Price Index rose 0.4% in January

The New Housing Price Index rose 0.4% in January

The New Housing Price Index rose 0.4% in January, registering the same month-over-month growth rate for the third consecutive month.

The New Housing Price Index rose 0.4% in January, registering the same month-over-month growth rate for the third consecutive month.
Between December and January, prices rose the most in St. John’s (+1.7%), followed by Winnipeg (+0.7%), and [...]

March 11 2010 | Posted in Business, Economy, In The News | Read More »

Survival tips for newcomers starting a business

Survival tips for newcomers starting a business

Tips for your business success

If you are thinking of starting a business in Canada, it pays to know the resources available to help get it launched properly. Federal and provincial governments, along with many financial institutions, offer special programs, services and support to help newcomers become successful business owners in Canada.
Dale Sturges, director of [...]

March 9 2010 | Posted in Business, Immigration, Local Business | Read More »

Tim Hortons to add 600 new outlets in Canada by 2013

Tim Hortons to add 600 new outlets in Canada by 2013

Tim Hortons adding 600 new locations in Canada

The Tim Hortons coffee chain plans to add 900 new outlets over the next three years across North America as part of an ambitious strategy the company announced. The Oakville, Ont.,-based company told an investors conference it hopes to add 600 outlets in Canada by 2013. It already has [...]

March 6 2010 | Posted in Business, In The News, Misc | Read More »

Job gains in Ontario, BC, Manitoba, jobs shed in Nova Scotia during January: Stats Can

Job gains in Ontario, BC, Manitoba, jobs shed in Nova Scotia during January: Stats Can

Good news as jobs increased across most of Canada

Employment increased by 43,000 in January, all in part time, pushing the unemployment rate down 0.1 percentage points to 8.3%. January marks the fourth employment gain in six months. Despite the recent increases, employment still remains 280,000 below the level of October 2008.
Employment gains in January were driven by women aged 25 to 54 and youths. This was the [...]

February 7 2010 | Posted in Business, Economy, Employment, In The News | Read More »

Canadians want feds to cut back spending.

Canadians want feds to cut back spending.

Canadians want feds to cut back spending

Canadians want the federal government to turn back the spending taps starting next year, a new poll suggests. The survey indicates a slim majority — 51 per cent — believe the government should continue spending this year to create jobs and stimulate the still-sluggish economy. A strong 44 per cent [...]

February 3 2010 | Posted in Business, Economy, In The News, Money | Read More »

The secret to job hunting in Canada is to understand that the real job market is hidden

The secret to job hunting in Canada is to understand that the real job market is hidden

In Canada the real job market is hidden

The secret to job hunting in Canada is to understand that the real job market is hidden. The degree to which this is true in Canada often surprises newcomers. The vast majority of jobs are never advertised. Unless you know where to look, you will never even see [...]

February 2 2010 | Posted in Business, Employment, Immigration, Local Business | Read More »

Small businesses in Canada less willing to hire newcomers

Small businesses in Canada less willing to hire newcomers

Small businesses in Canada less willing to hire newcomers

Although Canadian employers have good intentions when it comes to hiring internationally educated professionals (IEPs), small firms still see IEPs as more of a risk than an advantage.
The study by the Progress Career Planning Institute (PCPI) found that larger firms are more likely to recognize that [...]

January 29 2010 | Posted in Business, Immigration, In The News, Local Business | Read More »

Western provinces lead rebound in Canadian auto sales

Western provinces lead rebound in Canadian auto sales

Car sales strong across Atlantic Canada

Global car sales continue to strengthen, with purchases surging 22 per cent year-over-year (y/y) in December, one of the strongest advances on record and the third consecutive double-digit increase, according to Scotia Economics’ latest Global Auto Report.
“Sales across North America also ended 2009 on a strong note, enabling automakers [...]

January 29 2010 | Posted in Business, Economy, In The News, Misc | Read More »

Canadian consumer confidence flat survey shows

Canadian consumer confidence flat survey shows

Consumer confidence in limbo

The latest results from TNS Canadian Facts’ Consumer Confidence Index suggest that Canadians are maintaining a helter-skelter attitude when it comes to the Canadian economy. They remain concerned about the current economic situation but are still positive about the future. Overall, the index edged downward to 96.7 from last month’s 97.2. It [...]

January 22 2010 | Posted in Business, In The News | Read More »

Advertising means business to Canadians who say the ad industry contributes to recovery

Advertising means business to Canadians who say the ad industry contributes to recovery

Canada: Targeted Advertising Works

Is advertising a major player in consumer spending? Canadians thinks so – by a large margin. A full 69 per cent of Canadians say ads play an important role in consumer spending – closing the gap on the correlation between the advertising industry and economic success. This is according to the latest [...]

January 20 2010 | Posted in Business, Canada, In The News | Read More »