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Economic Highlights

September 17th, 2008

NORTH AMERICAN & INTERNATIONAL ECONOMIC HIGHLIGHTS

• The 2008 federal budget gave birth to arguably the most dramatic change in Canada’s savings

system since the introduction of the Registered Retirement Savings Account (RRSP).

• The Tax-Free Savings Account (TFSA) is simply a tax exempt savings account which is available to

any individual aged 18 and over. At this point, the maximum contribu ...

September 4th, 2008

September 1st, 2008

Housing starts surge Latest month available: September

Canadian housing starts continue to defy expectations with starts rising a phenomenal 19.6% in September to an annualized 278,200 units, the highest level of starts since 1978. Market expectations had been for starts to moderate to 218,000. The increase came on top of an upwardly revised level in August of 232,700, originally estimated ...