Keyword
economy
Timing of economic rebound from Alberta wildfire hard to forecast: Poloz
June 6, 2016 Andy Blatchford - THE CANADIAN PRESSOTTAWA – Bank of Canada governor Stephen Poloz says it’s hard to predict when the Canadian economy will rebound from the huge Alberta wildfire that destroyed communities and forced the shut down of crucial oil operations. For Poloz, part of…
Fed keeps key rate unchanged; no hint on timing of next hike
April 27, 2016 Martin Crutsinger - THE ASSOCIATED PRESSWASHINGTON – The Federal Reserve kept a key interest rate unchanged Wednesday against the backdrop of a slowdown in U.S. and global growth and provided no hint of when its next rate hike may occur. In a statement after its…
‘Raging’ fire at Newfoundland fish plant forces evacuation, guts town’s economy
April 11, 2016 Sue Bailey - THE CANADIAN PRESSBAY DE VERDE, N.L. – A small Newfoundland town declared a state of emergency Monday after a massive fire swept through a fish plant, dealing a devastating economic blow that will be felt as far away as Thailand. Gerard Murphy,…
Cyber risk, interest rates, economy remain major concerns for insurers: A.M. Best
March 28, 2016 by Canadian UnderwriterConcerns regarding cyber risk, interest rates and the economy remain prominent among insurers, according to the latest quarterly survey from A.M. Best Company. The Best’s Special Report, released on Thursday, included several hundred responses, representing property and casualty (70.4%), life…