Posts Tagged ‘Canada’
Canada becomes first G7 nation to raise interest rates
The Bank of Canada has today elected to raise interest rates by one quarter of a percentage point to 0.5%, as widely expected.
As a result, Canada has become the first G7 central bank to raise rates since the onset of the recession.
Yesterday, it emerged that the Canadian economy expanded by an annualised 6.1% in [...]
Canadian economy sees growth of 6.1% in Q1
Statistics Canada announced today that the Canadian economy expanded by an annualised 6.1% in the first three months of 2010.
The figure was slightly better than the 6% analysts had expected and comes after a 4.9% expansion in the final three months of 2009.
The growth has led economists to believe that the Bank of Canada will [...]
Ethical investments outperform standard market
Socially responsible investments marginally outperformed the standard market over the past decade, new research has revealed.
Jantzi, a Toronto-based environmental and social responsibility research firm, said its Jantzi Social Index (JSI), made up of green and ethical companies, produced an average annual return of 5.68% between 2000 and 2009.
This is compared to an average 5.61% annualised [...]