KeatsConnelly Cross-Border Weekly Best of the Web 2014-3-7

web-search-greyEvery week we share news stories, blog articles and other interesting stuff from around the web that received the most views, shares, comments and overall interest on various KeatsConnelly social media outlets.  This week we offer a mix of articles discussing the loonie, economic growth in North America, and spring break spending.

Has the loonie found its floor? (http://business.financialpost.com) The loonie may have finally found a floor as some of the forces that drove it below US$90¢ this year are reversing, say National Bank Financial economists. The loonie slipped below the US90¢ level in January, marking its lowest point in more than six years. It has spent the past month fluctuating around that level. “We expect some of those forces that hurt the Canadian dollar last year to subside and even reverse in some cases,” said Stéfane Marion and Krishen Rangasamy, economists at National Bank Financial, in a note…

The growth puzzle: Why Canada’s economy is lagging the U.S.  (www.theglobeandmail.com) Economic growth in North America was unimpressive in 2013, and indeed over the past few years. The just-released gross domestic product (GDP) numbers for the 2013 fourth quarter gave the false impression that Canada (up 2.9 per cent annualized) is now outperforming the United States (up 2.4 per cent). This is a blip, and it won’t last…

March break spending will average $2,300 (www.advisor.ca) Winter-weary Canadians looking to escape this year’s record-cold temperatures plan to spend an average of about $2,300 on their March Break vacations, according to a CIBC poll. More than half of those travelling (56%) will be vacationing outside of Canada…

Come back next week for more interesting news and articles. Enjoy your weekend!

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