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Canada’s start-ups need more help to become global players: OCC
Canadians do a good job of creating new businesses, but we don’t do so well at growing them. With help from governments, educational institutions and others, Canada’s entrepreneurs have been...
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Ontario exports to lead country in 2016, mainly on demand for cars and parts
Ford’s Oakville assembly plant. Photo source: Ford Motor Company of Canada. Exports of Ontario-made vehicles and parts will lead the growth in the province’s exports in 2016 with 10 per cent growth,...
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Ontario on track to lead country in employment, economic growth
Canada’s employment picture was little changed in May, reports Statistics Canada, with a slight increase of 0.1 per cent, representing 14,000 jobs—61,000 new full-time jobs offset by a loss of 47,000...
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Oil prices, production in Canada not likely to reach former levels again: CIBC
Canada’s employment statistics for July were disappointing and, as is often the case, worse than economists had expected. The country lost 31,000 jobs, enough to lift the unemployment rate by...
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BC, Ontario economies to lead country into 2017
A new report from BMO Economics says that Canada’s provinces have very different economic outlooks over the next year, with Alberta and Newfoundland and Labrador going further into recession,...
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Manufacturing sales up in September but shadow of Trump looms over Canada
Manufacturing sales rose for the fourth consecutive month in September, Statistics Canada reports, mainly on the strength of transportation equipment and fabricated metal industries. The 0.3 per cent...
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Financial services fastest growing industry in Canada for exports: Conference...
Toronto’s financial services sector continues to grow and increase in importance to both the local and the Canadian economy. A new report from the Conference Board of Canada on the industry says that...
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Manufacturing up in December amid uncertainty about future US-Canada relations
Business conditions in Canada’s manufacturing sector showed “modest” improvement in December, according to the latest Markit Canada Manufacturing Purchase Managers’ Index (PMI). The December reading...
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Canadian companies should look to Mexico for export growth: HSBC Bank Canada
A new report from the Conference Board of Canada and HSBC Bank Canada says that three Canadian industries—primary metal manufacturing, chemical manufacturing, and machinery manufacturing—have the...
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Strong manufacturing rebound in February led by energy sector
Manufacturers in Canada took orders, bought raw materials and raised production levels in February at the fastest rate in more than two years. The robust and accelerated growth contributed to a...
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