For new graduates, a new challenge

For postsecondary graduates receiving degrees and diplomas in the weeks ahead, excitement about completing their programs may be tempered by the grim job landscape for young people.The latest labour force survey from Statistics Canada revealed a decline of 19,000 jobs for youth aged 15-to-24 in April. The youth unemployment rate was at 14.5 per cent last month - about double the national average. Fri, May. 17, 2013

Oil, fish and forests: Norway's lessons

When oil was discovered in the Norwegian continental shelf in 1969, Norway was very aware of the finite nature of petroleum, and didn't waste any time legislating policies to manage the new-found resource in a way that would give Norwegians long-term wealth, benefit their entire society and make them competitive beyond just a commodities exporter. Thu, May. 16, 2013

The case for a rate hike from the Bank of Canada

The argument against ultra-low interest rates tends to be reduced to concerns about inflation and asset-price bubbles, but there are other reasons to worry.Could insurance companies adopt the riskier habits of investment banks? Is it harder for small companies to raise capital? Are the provinces avoiding getting serious about their finances? Thu, May. 16, 2013

After 'inexcusable' error, Bloomberg scrambles to reassure

Bloomberg LP raced to reassure clients after a rare misstep that placed the data-and-media giant on the wrong side of Wall Street's zeal for controlling information.Two of the company's leaders - chief executive officer Daniel Doctoroff and Matthew Winkler, editor-in-chief of Bloomberg News - have acknowledged that the company blundered by allowing its journalists to see certain information about customers, such as when they last logged in to Bloomberg's data system. Tue, May. 14, 2013