Tag Archives: Canada

Canadians more indebted, but able to pay it off: study

A study released by Equifax Canada, a credit monitoring firm, shows that Canadians’ consumer debt “rose 3.7 per cent in the third quarter to $507.1 billion from $489 billion a year earlier.” However, the overall delinquency rate (bills more than … Continue reading

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Canada-EU Free Trade Agreement

On Friday Oct. 18 Canadian PM Harper announced a free trade agreement with the European Union (EU) at a press conference in Brussels. It is called the Comprehensive Economic and Trade Agreement (CETA), which promises to “eliminate thousands of tariffs, … Continue reading

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Canada-US price gap

BMO Capital Markets released a report which suggests that although the price gap between Canadian and US products has narrowed, Canadians are still paying 10 percent more. That is a 4 percent drop from the price gap in May of … Continue reading

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Sick Days Drain Canadian Economy

In 2011 Canadian workers took off an average of 9.3 sick days, which cost the Canadian economy $16.6 billion, according to a report from the Conference Board of Canada. Experts say that this trend is expected to get worse as … Continue reading

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