October is the cruellest month, or at least it has been so far this year for investors. Trade tensions, tightening monetary conditions and political uncertainty are stoking fear and risk-off sentiment. Animal spirits have been dampened, to say the least. What could turn them around? Well, a few upcoming developments,
Read MoreEconomy
How Canada’s finances could seriously spiral out of control when the recession hits
In an interview this week with Global News, federal Finance Minister Bill Morneau tried to assure Canadians that the federal government has the financial “capacity” to handle a recession. “The Canadian government is carrying the lowest amount of debt to those comparable economies so that puts us in a position
Read MoreFirst in a three-part series on how Canada’s heavy regulatory burden is choking competitiveness. Ask Jean-Francois Boursier about running a business under Canadian regulations and he will likely tell you a tale of two paint shops. ADF Group Inc., where Boursier is chief financial officer, needed to build identical painting
Read MoreCanadian Natural slams rivals and ‘dysfunctional’ regulatory environment for heavy oil discounts
The knives are out in the oilpatch as Canadian companies plan to cut production as the industry is forced to sell its oil at a third of global market prices. Canadian Natural Resources Ltd., the country’s largest oil producer, said it will “strategically shift capital, curtail volumes, shut in production
Read MoreEvery business demands growth, and double-digit growth is the dream of every dedicated business owner, even when lackluster results show up at quarter’s end. Most entrepreneurial business owners need a guide to navigate their way toward substantial, sustainable growth. It can be done even in a slow economy as demonstrated
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