Mark Carney policies favoured condos over factories, CIBC says

CBC News Posted: Mar 12, 2014 4:09 PM ET Last Updated: Mar 12, 2014 5:14 PM ET The chief economist of one of Canada's largest banks pointed the finger Wednesday at Mark Carney for a monetary policy that pumped up house prices and the loonie while hurting Canada's manufacturing output in the long run.In a recent note, CIBC's chief economist Avery Shenfeld said monetary policy under Mark Carney's watch at the Bank of Canada left the economy...

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TSX, Canadian dollar lose ground on commodity worries

The resource sector inflicted further losses on the Toronto stock market as commodities continued to retreat amid worries about Chinese growth.The S&P/TSX composite index dropped 51.05 points to 14,216.18. The commodity-sensitive Canadian dollar fell 0.28 of a cent to 89.79 cents US.U.S. indexes also declined as the Dow Jones industrials lost 67.2 points to 16,284.05, the Nasdaq was down 22.49 points to 4,284.69 and the S&P 500 index dropped...

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Feta, parmesan, Gorgonzola cheese names prompt U.S.-Europe trade stink

The Associated Press Posted: Mar 12, 2014 11:35 AM ET Last Updated: Mar 12, 2014 11:50 AM ET Errico Auricchio produced cheese with his family in Italy until he brought his trade to the United States more than 30 years ago. Now, the European Union is saying his cheese isn't authentic enough to carry a European name.As part of trade talks, the EU wants to ban the use of names like Parmesan, feta and Gorgonzola on cheese made in the United States....

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