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
