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Electronic money has potential risk for the whole financial system.
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Energy stocks led the way to gains on the TSX today, recovering with gains of 1.3 per cent after recent sell offs with analysts suggesting the oil sector is robust and able to ride the waves of lower prices.
Ottawa has warned that the budget surplus will be lower than expected next year as oil revenue is lower and the cost of the income-splitting and other tax cuts.
A survey by IPG Mediabrands predicts that $13.4 billion will be spent by Canadians this coming Friday and next Monday.
The Teranet-National Bank index of home prices has increased by 5.4 per cent from a year ago.
Blackberry will tomorrow launch its new software which re-focuses the business on its enterprise roots.
Asian markets close higher but Europe is in the red after bank fines... Foreign exchange-rigging banks hit with $3.4 billion in fines... Oil down to lowest price for 4 years... Investors call for AOL to takeover Yahoo...
You’d have to go back to August to see a longer run of gains on the TSX; five trading days in a row.
The current run of low oil prices is not a disaster for Canada’s oil sands.