G20 countries reaffirmed their commitment Friday to specific fiscal targets as a way for governments to achieve economic growth, but Canada's finance minister, Jim Flaherty, says he had hoped they would do so in "stronger" language.
FitchRatings has downgraded the U.K.'s foreign and local currency issuer default rating to AA+ from AAA on Friday, saying it reflects the country's weaker economic and fiscal outlook.
Diana Carney, wife of outgoing Bank of Canada governor Mark Carney, addressed controversies in the British press over her own work and comments Thursday, saying people accept she is a separate person with separate opinions. video
The three premiers in charge of developing a comprehensive energy plan for the country have announced a list of 10 areas they think Canada and its provinces need to focus on.
| Index | Last Trade | Change |
|---|---|---|
| TSX COMPOSITE | 12065.55 | 69.21 |
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| SP 500 | 1555.25 | 13.64 |
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