BNN: Canadian Economy Grows Again

Posted by Jackelyn Ford on Friday, April 30, 2010

Reuters - April 30, 2010
Canada's economy grew by a healthy 0.3 percent in February, its sixth consecutive monthly increase, in another sign the recovery from last year's recession is holding firm. The figures show the economy is in line to meet the Bank of Canada's forecast for 5.7-percent annualized growth in the first quarter of 2010. First-quarter figures are due next month. "The initial stages of Canada's recovery were simply much, much more impressive than almost anyone expected," said D...


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Globe&Mail: Canadians need to save more

Posted by Jackelyn Ford on Thursday, March 18, 2010

Janet McFarland, The Globe and Mail  - March 18, 2010
Canadians need to save between 10 percent and 21 percent of their pretax incomes each year - if they save consistently for 35 years - to have comfortable retirement incomes, according to a new report by former Bank of Canada governor David Dodge.

The report says many Canadians are unaware of the high savings levels they need for their retirement years, and may believe they are saving adequately when they are not.

The report, co-author...


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About These Articles


Jackelyn Ford These articles have been chosen because they provide a macro view of the financial world. This wide scope of articles can then be applied to aid your own personal financial situation. E.O.E.