Tag Archives: Jim Flaherty

Finance Minister Wants Corporate Canada to Spend its $525 Billion in Cash

Canadian Finance Minister Jim Flaherty says the Canadian economy needs Corporate Canada to start spending the $525 billion in cash and other liquid assets that it has on hand. Since the financial crisis of 2008, Canadian corporations have been increasing … Continue reading

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Inflation Drops to 1.2% in May, Reducing Likelihood of Rate Hike

Prices increased 1.2 percent in the 12 months leading up to May, a drop of 0.8 percent from the annual inflation rate in April, according to a report released by Statistics Canada today, a development that could keep interest rates … Continue reading

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