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The Economy

The Job – Finding Good Employees Has Changed

February 10, 2009 The Economy

If you haven’t seen this video yet, you’ve gotta check it out. I laughed until I cried.

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An Absolutely Shocking Headline!

January 10, 2009 The Economy

I almost fell over when I innocently opened my Google Finance to take my weekly peek at the portfolio (which only consists of COGT, WNP and KO), and the featured article was from the Globe and Mail’s reportonbusiness.com. It was about the new employment statistics, and it has a headline that’s pretty rare these days. [...]

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Credit Liquidity is the Problem

October 30, 2008 The Economy

The real driver (such as it is) of the current American and global recession is the lack of available credit. It was Benjamin Tal from CIBC who pointed out that Ben Bernanke, the chariman  of the US Federal Reserve is a student of the Great Depression. His diagnosis, (via Ben Tal, which I agree with), [...]

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Harper’s Back and Banking’s Fine

October 16, 2008 The Economy

Well, Stephen Harper and the Conservatives won a minority goverment. I was hoping for a majority, but such is life. A Conservative Majority would have been the best scenario for Canadian Real Estate, but at least it seems to be a strong enough minority to be stable for a while. The world economic situation and [...]

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Warning: Diatribe Ahead

October 10, 2008 The Economy

Markets are crashing. Economies are collapsing. Politicians are being twits. I get freaked out. I’ll be honest. Sometimes I read the news, or check my stock portfolio and see things going completely to pot. I’m never going to be able pay for my kid’s education, or Megan and my wedding. People are going to loose [...]

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The best economic quote of the week

October 6, 2008 The Economy

My favorite one-liner came from the meeting of the Economic Club of Toronto this morning. Trying to do an economic forecast in this kind of turmoil is a bit like trying to put a value on your house when the kitchen is on fire. – Douglas Porter of BMO Capital Markets

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Canada’s Economy to “Weaken”

October 6, 2008 The Economy

They had an ‘emergency’ panel over at the Economic Club of Toronto this morning before Stats Can releases some reports that may freak people out. That’d be the building permit reports today, and the housing price index and labour force survey on Friday. The five pannelists were  Warren Jestin of Scotiabank, Don Drummond of TD [...]

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