Word: canadianization
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...another top-tier basketball recruit has dashed the hopes of the Crimson faithful. Highly-touted prospect Dwight Powell ended his recruitment Saturday, verbally committing to Stanford. The 6’10” center, a Canadian native attending IMG Basketball Academy in Florida, chose to join the Cardinal over Georgia Tech and Harvard...
...There's no doubt that a recovery is at hand," says economist Krishen Rangasamy of Toronto-based CIBC World Markets. "But the strong Canadian dollar will act as a break on the Canadian economy." He expects Canada's GDP to grow at an annualized rate of 3.3% in the fourth quarter, and 2% in 2010. This compares with CIBC's lower estimate of GDP growth for the U.S., with 2.4% expected for the fourth quarter...
...riding a wave of replenishment by U.S. automakers and manufacturers, whose inventories hit record lows earlier this year as a result of restructuring and a downward spiral in consumer spending. But it's unclear how long that can sustain a recovery north of the 49th parallel. "If the Canadian dollar stays where it is, the job numbers will go the other way [i.e., worsen]," says Jean-Michel Laurin, vice president of global business policy for Canadian Manufacturers & Exporters (CME), the country's largest trade and industry association...
...Those who remain optimistic about Canada's economy point to a changed industrial landscape, with Canadian companies now more competitive. "The [recession] survivors are in pretty good shape," says Gerry Fedchun, president of the Automotive Parts Manufacturers' Association. "They've become more efficient, which means they can make money at lower volumes and margins...
...These are from a trip to Sonoma County, in California. It was the first trip my wife and I went on together, about four years ago,” Pinker says. “Others are from various parts of the world, California, Alaska, and Canadian Rockies...