Canada private sector economists cut growth forecasts: Flaherty

OTTAWA (Reuters) - Private sector economists have cut their growth forecasts for the Canadian economy in 2013 due to volatile market conditions in the United States and Europe, Finance Minister Jim Flaherty said on Friday.

Analysis: Canadian dollar set to drop further as economy struggles

NEW YORK/TORONTO (Reuters) - The Canadian dollar, which has been declining against the U.S. dollar so far this year, is expected to slip further in the near term as a slowing Canadian economy and cooling housing market keep the nation's interest rates near historic low levels.

Canada seen recouping some past job losses in February

OTTAWA (Reuters) - The Canadian economy probably recouped some jobs in February that it lost earlier this year, but tepid growth most likely limited hiring to 8,000 net new positions, a Reuters survey of economists showed on Friday.

Canadian dollar leaps to 1-week high as U.S. jobs data impresses

TORONTO (Reuters) - The Canadian dollar jumped to a more than one-week high against its U.S. counterpart on Friday and outperformed all other major currencies after data showed U.S. employers stepped up hiring in October.

Canada’s Fiscal Spending Out of Control: G20 and Now F-35 Planes?

The Conservative government announced plans in July 2010 to purchase 65 new F-35 Lighting II jet fighters for $9 billion from Lockheed-Martin, a US-based manufacturer, to replace its stock of 80 CF-18 Hornet planes. The deal, including maintenance of the planes, will cost taxpayers over $16 billion until 2016. However, the acquisition of these jets is under huge debate as Canada is currently suffering from one of its largest federal deficits in history.