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On Friday we confirmed that Canadian manufacturing sales declined 3.1% in December to $48.0 billion, the largest decline since May 2009. Sales decreased in 16 of 21 industries, representing 82% of the manufacturing sector. Durable goods sales were down 4.2% … Continue reading →

“A report by the OECD found that multinational companies were managing to avoid paying tax altogether by taking advantage of different country’s rules.” The UK, France and Germany are the main countries pushing for changes, with the Finance Minister of … Continue reading →

To the surprise of many, precious metals and commodity prices have continued to weaken since 2011 as the US dollar has been attracting international inflows. As marked in the chart update below, the $83.50 area on the US dollar index … Continue reading →