Company: Bank of Canada

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Economic conditions slowly showing signs of improvement

Bank of Canada governor notes that Canadian banks are reinforcing their balance sheets to meet the Basel III requirements ahead of schedule

Housing correction would leave households with a huge debt load

Weakness south of the border is costing the Canadian economy $30 billion annually in lost exports

Fed approach is not the “best policy” for Canada

Central bank says it now expects the eurozone countries to be in recession for the next four months

A full slate of fourth-quarter earnings reports from the U.S. this week

More firms expect sales growth to slow rather than increase over the next 12 months

Siddall to succeeds Hodgson

Companies urged to invest to boost productivity, make inroads with emerging economies