10 Second Headlines

28-Jan-2011

Potential Global Inflation or Commodity Inflation? + Canada’s annual inflation rate increased to 2.4% in December due to higher gasoline prices. + US Q4 GDP increased 3.2%, led by consumer spending and trade. +… Read More

21-Jan-2011

Bank of Canada Monetary Policy Report Highlights + The Canadian dollar will stay at parity. + Inflation is expected to reach 2% and “remain well anchored”. + Cdn exporters will battle a strong currency.… Read More

14-January-2011

Dave Rosenberg – Comments on Canadian dollar + The C$ will gain at least 20% in the next 5 years, and he believes this forecast will prove to be conservative, not bold. Supported by:… Read More

07-January-2011

Canadian Unemployment + Economy added a net 22,000 jobs in December (38,000 full time positions were added and 16,000 part-time were lost). + 66,000 jobs were added in manufacturing. + Only 4 provinces added… Read More

24-Dec-2010

10 Second Headlines will return in its regular format on January 7, 2011 Merry Christmas And Wishing you A Happy Holiday Season!… Read More

17-Dec-2010

Bank of Montreal + Bank of Montreal is acquiring Marshall & Ilsley (M&I) for US $4.1 billion in stock at US$7.75. + Q3 book value of US$9.39, 374 branches, US$38 billion of deposits, and… Read More

10-Dec-2010

Around the World + International Energy Agency increased its forecast for 2011 global oil demand by 260,000 barrels, to 88.8 million barrels a day. + The national apartment vacancy rate decreased to 2.6% (near-record… Read More

03-Dec-2010

Canada’s November Jobless Rate Falls + Jobless rate 7.6% versus 7.9% in October and employment rose by 15,200 (forecast approx 20,000). + Healthcare and social assistance led the job gain at 28,400, while 40,400… Read More

26-Nov-2010

Canada’s National Securities Commission + Alberta Finance Minister Ted Morton said “It would make more sense for Saskatchewan and Alberta to have a single commission….between oil and gas, mining, agriculture and forestry, we have… Read More

19-Nov-2010

China + China increased bank reserve requirements by 50 bps, 5th increase this year. + China may impose temporary price controls on daily necessities to counter the fastest inflation in 2 years. Food prices… Read More