Canada could be among a handful of countries to consider negative rates of interest within the next 2 yrs as the European policy experiment gains popularity, says a brand new report from Citigroup. The Bank of Japan earlier this year had become the fifth central bank to visit negative, which means it charges banking institutions to deposit money with it. ...

FCA Canada’s $3.7-billion overhaul of its Windsor, Ont., minivan plant has created 1,200 new jobs, a sign that Canada will have a huge role in Fiat Chrysler NV’s future as it restructures its operations. The company revealed its new Pacifica minivan, built in Windsor, to a Canadian audience for the first time Thursday at the Canadian International Auto Show in ...

Quebec’s “autocratic” charge of maple syrup makers, a reign of terror which relies on bailiffs, security guards and also the courts, is crippling the province’s most celebrated export, and the province needs to abandon its maple syrup quotas, says a brand new report. How a maple syrup rebellion is rising in Quebec Fighting to have their syrup from the hands ...

WINNIPEG – Canada, the United States and Mexico have agreed to share information, maps and clean-energy innovations – one step toward a continental energy strategy that would include lower emissions and greater energy security. Energy ministers from the three countries met for any day in Winnipeg and said they are making progress toward greater co-operation. U.S. Secretary of Energy Ernest ...

Environmentalists’ faint hope that they can get international action on climate change gets fainter each day. Now america Supreme Court put into their despair by kiboshing President Obama’s pledge, at December’s climate talks in Paris, to lead the world on climate change. “This may be the proverbial string which in turn causes Paris to unravel,” The brand new York Times ...

NEW YORK – Global oil prices surged around 12 per cent on Friday after a report once more suggested OPEC might finally agree to cut production to lessen the planet glut, while a bounce in stock markets fed appetite for risk. Despite the strong daily gain, oil prices were poised to end a few days down as much as 5 ...

OTTAWA – Justin Trudeau is talking in the need for more federal spending to assist the economy on a day experts are sharing their downgraded forecasts with his government. The prime minister says the country’s economic woes mean it’s more important than ever before for that Liberal government to spend on growth-generating projects like infrastructure. Trudeau’s remarks in Toronto came ...

Many aging Canadians don’t have nearly enough in the bank for retirement, new research in the Broadbent Institute suggests. Canadians without an employee pension represent 47 per cent of those aged 55-64 in the united states. Only 15-20 percent within this group are middle-class with enough savings to comfortably retire in Ten years. The study says anyone outside this bracket ...