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Economic events.
- Source :
- Canadian Economic Observer; Oct2005, Vol. 18 Issue 10, p2.1-22, 2p
- Publication Year :
- 2005
-
Abstract
- The article presents information on several economic events in September 2005 in Canada and the world. The Bank of Canada had raised the Bank Rate to 3%, by a quarter point. In another development, Suncor Inc. restarted its upgrading unit in Alberta, nine months after it was damaged by fire, boosting production of synthetic crude by 200,000 barrels a day. Norampac Inc. announced that it will permanently close a paper machine at its linerboard mill in Red Rock, Ontario. In a major development, commercial banks around the world raised their prime rates to 6.75%.
- Subjects :
- CANADIAN economy
PRIME rate
BANKING industry
Subjects
Details
- Language :
- English
- ISSN :
- 08359148
- Volume :
- 18
- Issue :
- 10
- Database :
- Complementary Index
- Journal :
- Canadian Economic Observer
- Publication Type :
- Academic Journal
- Accession number :
- 19688349