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business / Canada

Canadian productivity unchanged in second quarter
The productivity of Canadian businesses was unchanged in the second quarter for the fifth straight three-month period, Statistics Canada said Tuesday.
Canada.com Tuesday, September 15, 2009

New cars sales up 5.3% in July
Sales of new vehicles rose more than expected in July, after "especially strong" sales in Ontario, Statistics Canada said Tuesday.
Canada.com Tuesday, September 15, 2009

Company pension plans decline for third straight quarter
Retirement savings held in employer-sponsored pension funds fell $19.8-billion, or 2.4%, in the first quarter of 2009, the third consecutive quarter of declines.
Canada.com Tuesday, September 15, 2009

Vancouver leads home sale surge with 117% leap
Canada's resale housing market continues to post gains, with 42,483 homes trading hands in August, an 18.5% gain from a year ago, the Canadian Real Estate Association said Tuesday.
Canada.com Tuesday, September 15, 2009

Loonie not the only risk to recovery, BoC warns
Besides "persistent strength" in the Canadian dollar, the Bank of Canada identified Tuesday other risks that could derail a smooth economic recovery - among them concerns about rising government debt levels and a failure by policy makers to withdraw extraordinary stimulus.
Canada.com Tuesday, September 15, 2009

TMX market share slips to rivals
TMX Group Inc., owner of the Toronto Stock Exchange and Canada's derivatives market, saw its market share slip 3.77 percentage points in August as alternative trading systems advanced.
Canada.com Tuesday, September 15, 2009

Toronto stocks rise on commodities, upbeat data
The Toronto Stock Exchange was moving toward its fourth straight day of gains on Tuesday as positive economic news emerged from Canada's largest trading partner.
Canada.com Tuesday, September 15, 2009

Canada home resale market up 18.5% in year
Year-over-year gains of 117% in Vancouver, 27% in Toronto, 17% in Calgary, and 9% in Montreal contributed most to the national increase in activity over the month of August
Canada.com Tuesday, September 15, 2009

TSX makes gains for a fourth straight day
The Toronto Stock Exchange saw a fourth straight day of gains Tuesday as oil prices rose and Federal Reserve Chairman Ben Bernanke said that he thinks the recession likely has ended, although a recovery will be moderate at best.
Canada.com Tuesday, September 15, 2009

Transparency the key word among hedge fund heads
With investors demanding more disclosure about risk and liquidity exposure, it comes as no surprise that transparency is on the tip of everyone's tongues at the World Alternative Investment Summit Canada at the Fallsview Casino Resort
Canada.com Tuesday, September 15, 2009

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