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Economy picking up steam, Royal Bank says
Canada's growth outlook appears to be stronger than previously thought, thanks to an improving trade picture and the strength of corporate balance sheets, economists at the Royal Bank of Canada said Wednesday.
| 12,367.46 | 0.00 | (0.00%) | |
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| 929.99 | 0.00 | (0.00%) | |
| 15,286.48 | -31.75 | (-0.21%) | ||
| 1,648.10 | -3.71 | (-0.22%) |
Top stories
OTTAWA (Reuters) - Canadian wholesale trade rose by 0.2 percent in April from March on higher sales of computers and communications equipment, Statistics Canada said on Wednesday.
Verizon Communications Inc. confirmed on Tuesday that it is considering an entry into Canada's $19-billion wireless market in the wake of a report earlier this week by The Globe and Mail.
OTTAWA (Reuters) - Canada's net foreign debt dropped almost 25 percent in the first quarter of 2013 as higher foreign stock markets boosted the value of Canadian assets abroad, Statistics Canada said on Wednesday.
A campaign that raised $200,000 dollars to purchase an alleged video appearing to show Toronto Mayor Rob Ford smoking crack was a �beautiful example� of the fundraising power of the Internet, says the website that hosted the controversial crusade.
tim-hortons A row of Tim Hortons coffee cups are lined up for customers at Penn Station in New York in this July 13, 2009 file photo.
Bank of Canada daily digest
| Money markets | Change | |
| Overnight rate | 1.01% | +0.0051 |
| Corporate paper, 1 month | 1.12% | 0.00 |
| Treasury bill, 1 month | 1.01% | 0.00 |
| Inflation | ||
| Total consumer price index | 0.400% | -0.6000 |
| Interest rates | ||
| 10 year bond | 2.62% | +0.0100 |
| Prime business rate | 3.00% | 0.00 |
| Conventional mortgage, 5 yrs | 5.14% | 0.00 |