Current News Canada's Banks and Economy
With resource prices continuing to rise and the Canadian economy and the people within it continuing to outpace most of the world, keeping up with the news on Canada’s banks and the Canadian economy in general is essential.
Loonie Has First Monthly Gain Against Dollar Since April on Growth Appeal Bloomberg The Canadian currency gained after reports showing economic growth slowed in both nations failed to deter speculation the Bank of Canada will continue to ... Canadian Currency Strengthens Before Canada, U.S. Economic Reports CANADA FX DEBT-C$ overcomes GDP worry and rises, bonds up Canada Dollar Ends Higher As Risk Sentiment Improves |
 CBC.ca | Canada Economy Rises 0.1% in May as Oil, Gas Industry Offsets Housing Drop Bloomberg The Bank of Canada raised its key rate for a second month on July 20 and said further moves must be “weighed carefully” against the recovery. ... After hot start, big chill hits Canadian and US economic recoveries Canada economic growth ticks higher in May Canada May GDP +0.1% vs -0.0% in April; +3.8% yr/yr |
 Live Trading News | Treasury Notes Climb for Fourth Straight Month as Economic Growth Slows Bloomberg “There's concern about growth being low for an extended period,” said Michael Cloherty, interest-rate strategy head in New York at Royal Bank of Canada, ... Treasuries Extend Advance as Report Shows U.S. Growth Slowed |
 Reuters India | ICICI Bank Performance Review -- Quarter ended June 30, 2010 MarketWatch (press release) ICICI Bank Canada's profit after tax decreased to CAD 6.5 million in Q1-2011 from CAD 8.9 million in Q1-2010. ICICI Bank Canada's capital position remained ... ICICI Bank net profit up 17 % at Rs. 1026 cr BoI Q1 net up on good interest earnings; NPAs rise Bank of India net up 24 per cent |
 Moneycontrol.com | Dollar Declines to Lowest Level in 2010 as US Growth Slows Bloomberg Canada's dollar rose versus all of its major counterparts as investors speculated that the Bank of Canada will extend increases in the target lending rate ... The Origins Of Common Currency Symbols WORLD FOREX: Dollar Dips Vs. Yen After Disappointing US Data Euro Strengthens Against Yen on Risk Appetite; Aussie Slides |
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