Growth brought to you by: The government
Filed Under Main Content · Tagged: Bc Government, Canada Bank, Canada Government, Decline, Economy, Own Two Feet, Private Sector, Stimulus Addiction, Times Colonist Victoria, Times Colonist Victoria Bc, Victoria Bc Canada
Times Colonist, Victoria, BC – Canada’s government and central bank have achieved what they set out to do: injected life back into the economy through stimulus, stoking growth in June after 10 consecutive months of decline. The return to growth may be a welcome change, but with the economy still heavily dependent on its stimulus addiction, activity in the coming year will remain shaky until the private sector can stand on its own two feet. …
Growth brought to you by: The government
Central banks signal low rates here to stay
Filed Under Main Content · Tagged: Ben Bernanke, Central Banks, Federal Reserve, Federal Reserve Chairman, Jackson Hole, Jackson Hole Wyo, Jean Claude Trichet, Measures, Rush, Stimulus, Times Colonist Victoria, Times Colonist Victoria Bc, Uncertainties
Times Colonist, Victoria, BC – That is the view emerging following the weekend gathering of the world’s leading central bankers in Jackson Hole, Wyo., highlighted by remarks from Ben Bernanke, U.S. Federal Reserve chairman, who warned of the uncertainties ahead, and Jean-Claude Trichet, president of the European Central Bank, who suggested he is in no rush to reverse emergency stimulus measures…
Central banks signal low rates here to stay
Housing starts drop unexpectedly
Filed Under Main Content · Tagged: Buoyancy, Hasn, Housing Market, Housing Starts, Positive Tone, Segment, Strategist, Td Securities, Times Colonist Victoria, Times Colonist Victoria Bc
Times Colonist, Victoria, BC – “This was a fairly disappointing report, and it suggests that the buoyancy that has been seen in the past two months in this segment of the housing market hasn’t gained much traction, clouding an otherwise positive tone in Canadian housing market activity,” said TD Securities economic strategist Millan Mulraine…
Housing starts drop unexpectedly
A tale of two HSTs: Why B.C. is different
Filed Under Main Content · Tagged: Capital Investment, Consumer Goods, Faces, Hst, Hsts, Maritime Provinces, Provincial Sales Tax, Public Outcry, Sales Tax, Times Colonist Victoria, Times Colonist Victoria Bc, Trend
Times Colonist, Victoria, BC – As it faces a public outcry over the 12 per cent tax, which combines the seven per cent provincial sales tax with the five per cent GST, the B.C. government has pointed to the Maritime provinces, where the HST is linked to an increase in capital investment and a general trend to lower prices for consumer goods…
