The federal government shouldn’t allow a softening economy to derail plans to return to a balanced budget, says the chief economist at one of the country’s big banks.
Avery Shenfeld of CIBC World Markets said Thursday that if the economy needs further juice, let the Bank of Canada provide it through very low interest rates.
“Softer [...]
Posts Tagged ‘Employment Insurance’
Ottawa should cut spending despite slowing growth: CIBC
December 17th, 2010 by Financial Writer
Tags: bank, banks, ben, big banks, Canada, central bank, deficit, economic, economist, economists, economy, Employment Insurance, euro, Europe, fed, federal government, finance, finance minister, financial, gdp, glo, government, increase, inflation, interest rate, interest rates, job, monetary, rate, spending, united states, us, world markets
more...Employment Insurance rolls increased in June
August 25th, 2009 by Financial Writer
The number of Canadians collecting regular Employment Insurance benefits jumped 5.1 per cent in June, according to Statistics Canada.
About 816,000 Canadians collected EI benefits in June, up 39,500 from the previous month.
The largest percentage increases came in Alberta, British Columbia and Newfoundland and Labrador, Statistics Canada said. The agency says the number of beneficiaries increased [...]
Tags: benefits, Canada, Employment Insurance