Canadian Economic Growth Slows, But Still Leads G7 Countries

Canadian Business

Canada’s recovery is being brought down by a crisis on Europe and weakening conditions elsewhere..  See full story on this topic »

Hiring boom ahead, BoC predicts

Despite growing concerns about economic growth south of the border, Canadian businesses still have faith in the recovery and intend to hire more workers over the next 12 months to support prospects for growth and and plans for expansion, a Bank of Canada survey indicated Monday.

Read more: http://www.theprovince.com/business/fp/Hiring+boom+ahead+predicts/5083696/story.html#ixzz1RpkSGrdN

Hiring boom ahead, BoC predicts

Expect Canada’s first 2011 rate hike in July: poll

The Bank of Canada is widely expected to make its first interest rate hike of 2011 in July, as it balances rising economic growth against tame inflation and a high-flying Canadian dollar.

Read more: http://www.canada.com/business/Expect+Canada+first+2011+rate+hike+July+poll/4577563/story.html#ixzz1IsdD3FqI

Expect Canada’s first 2011 rate hike in July: poll

CMHC predicts new home starts double last year’s

Times Colonist- The number of new homes built in Greater Victoria will hit 2,100 by the end of the year — nearly double last year’s total — and then edge down slightly in 2011, says Canada Mortgage and Housing Corp.

"Housing starts are forecast to remain stable next year as builders and developers continue to make up for the low level of 2009 activity and respond to local economic growth and positive migration," Travis Archibald, senior market analyst for the federal agency, said yesterday.

New home starts will reach 2,000 next year, Archibald said in a fall outlook report. "Residential construction activity across Victoria will surpass the 10-year (2000-2009) annual average of 1,817 housing starts both this year and next…"

CMHC predicts new home starts double last year’s

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