BoC publishes Winter Survey
Responses to the BoC winter survey suggest that the global economic outlook and concerns about demand continue to weigh on firms’ expectations for business activity. While the indicator of past sales activity has held up, the balance of opinion on future sales has turned slightly negative, as firms in Western Canada expect sales growth to slow from the recent strong pace and those elsewhere gener- ally expect growth to remain modest. Firms still expect to increase investment and employment, although the balances of opinion remain below the high levels reached earlier in the year.
MONTREAL, Jan. 25, 2012 /CNW Telbec/ - The Tax Free Savings Account (TFSA) constitutes an excellent savings vehicle. However, according to Laurentian Bank's financial planners, its degree of effectiveness for tax purposes will depend on the choice of product in specific situations. 
GREATER TORONTO, Jan. 20, 2012 /CNW/ - More than 28,000 new condominium units were sold in the Greater Toronto Area in 2011, setting a new record for the market's high-rise sector while demonstrating a shift in today's new home purchasing decisions, the Building Industry and Land Development Association (BILD) revealed today. 
Shelter costs rose 1.8% in the 12 months to December. This followed a 1.5% increase posted in November. The index for electricity went up 5.4%, led by price increases in Alberta. Consumers also paid more for fuel oil and homeowners' replacement costs. Conversely, mortgage interest cost decreased 0.7% year-over-year in December after falling 1.1% the month before. 
