Oil slump weighs on economy

As oil stubbornly lingers below $50 (U.S.) per barrel, troubles are mounting for the Canadian economy and the job market.The economy is projected to expand by 1.9 per cent this year, a notable drop-off from growth of 2.5 per cent in 2014, according to a new report from TorontoDominion Bank.   Wednesday, March 25, 2015


Bay Street advances Canadian stocks posted a small gain, helped by strength in natural resource shares as they benefited from higher commodity prices. Suncor Energy added 0.8 per cent, and Canadian Natural Resources climbed 0.4 per cent.   Tuesday, March 24, 2015

Robust health-care stocks reaching new highs

sbarlow@globeandmail.comInvestors remain obsessed with the slowing global economy and its effects on commodity prices while U.S. health-care stocks - with little sensitivity to worldwide growth - are hitting new highs with blowout performance well ahead of the SandP 500.   Tuesday, March 24, 2015

Companies squeamish on hiring

Canadian employers are reluctant to hire, and it's not just because of low oil prices.Year-over-year employment growth in Canada has been below 1 per cent for 15 months in a row, the longest stretch below that mark for annual job gains, outside of recessions, in almost 40 years of record-keeping.   Monday, March 23, 2015