Bank of Canada takes aim at Dodd-Frank on bank failures

WINDSOR, Ontario (Reuters) - The Bank of Canada, frustrated by unilateral U.S. moves which regulate Canadian banks with U.S. subsidiaries, called on Thursday for the two countries to work out a bilateral agreement to clarify responsibilities in winding up failed banks.

Canada Posts Surprise August Employment Decline

Canadian employment unexpectedly fell in August led by a record drop in private-sector jobs, undermining policy makers’ optimism about Canada’s economic recovery.

Canada Dollar Falls on U.S. Retail Sales Drop, European Concern

The Canadian dollar fell against its U.S. counterpart for the first time this week as U.S retail sales dropped the most in nine months and on reports that steps to strengthen Europe’s financial system were faltering.

Canada's Ivey PMI rises in December, but worries persist

TORONTO (Reuters) - Purchasing activity in Canada rose modestly in December, according to Ivey Purchasing Managers Index data released on Monday, but the reading failed to impress economists as Canada's economy struggles to grow.

Canada November inflation still well below target

OTTAWA (Reuters) - Canadian inflation likely remained tame in November as gasoline prices fell and economic growth remained sluggish, keeping pressure off the Bank of Canada to resume raising interest rates.

Canadian Confidence in Economy Rises From Two-Year Low, Nanos Poll Shows

Canadian consumer confidence rose in the fourth quarter from a two-year low on optimism about real estate prices and the global economy according to a Nanos Research poll.

Canada’s economy hit by global turmoil

Canada’s economy shrank in the second quarter for the first time since the 2008-09 recession owing to a sharp deterioration in the foreign trade balance.

Statistics Canada reported on Wednesday that gross domestic product dipped at an annual rate of 0.4 per cent, adjusted for inflation, compared with 3.6 per cent growth in the first three months of the year.