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Saturday, March 16th, 2024

Canada is world’s fifth most prosperous

Canada has ranked fifth in a league table of the most prosperous countries but there are some risks which could topple its position. London-based think tank Legatum Institute ranks New Zealand, Norway, Finland and Switzerland above Canada with Australia just behind and the US in 17th place. However, health and education are two areas where […]

Canada not headed for recession: Flaherty

Reuters  Sep 14, 2011 OSHAWA, Ontario  – Canada should see modest economic growth and avoid a double-dip recession, Finance Minister Jim Flaherty said on Wednesday. The economy shrank slightly in the second quarter, and Bank of Nova Scotia said this week the country may already be in another recession, but Mr. Flaherty said that is not […]