Archive for March 22nd, 2011

Deeper Analysis

Conservative Canadian Federal Budget from Conservative Minority Government

March 22, 2011

Prime Minister Harper’s government presented a budget today that Offers CAD 7.6 billion over six years in new spending to appease political opposition but Embodies CAD 6.2 billion in savings over five years, escalating from CAD 195 million in 2011/12 to CAD 796 million in FY12/13 and CAD 1.569 in FY13/14 Thereby reducing the projected […] More

New Overnight Developments Abroad - Daily Update

Same Broad Trends as Yesterday

March 22, 2011

Commodity-sensitive currencies continued to advance, with the New Zealand, Australian and Canadian dollars gaining another 1.0%, 0.5% and 0.2% against their U.S. counterpart. Following yesterday’s Vernal Equinox market closure, the Nikkei jumped 4.4% despite reports of elevated radiation levels in the area surrounding the Fukushima reactor complex.  Information about the accident remains guarded.  In other […] More