Canadian Economics: A Media Journal Article Review by Master Researcher

Canadian Economics: A Media Journal
A review of several articles on issues facing the Canadian economy.
# 36964 | 1,150 words | 4 sources | MLA | 2002 | US


$19.95 Buy and instantly download this paper now

Description:

The paper examines the article, "Bond Market Driving Mortgage Rates Up" by James Daw, on the impact of recent geopolitical events relating to the 'war on terrorism', and their impact on important Canadian macroeconomic indicators. The paper then looks at the article, "Chapters Indigo On-line Traffic Plunges" by Marina Strauss and Patrick Brethour on the recent precipitous drop in sales on-line experienced by Chapters Indigo On-line and examines Strauss' "Drug Chain Builds on Banners" about traditional retail. Finally, the paper reviews Michael Ryval's article, "Glass Half Full", on the growth and international success of Vincor International Inc.

From the Paper:

"This article outlines the impact of recent geopolitical events relating to the 'war on terrorism', and their impact on important Canadian macroeconomic indicators. In October bond markets surged ahead with Canada savings bond projected rates increasing from 4.25% to 4.71%. And, as bond rates increase so do lending rates, specifically mortgage rates. Therefore, it is anticipated that the current average five-year mortgage rate of 6.45% will also increase in the wake of the Canadian Imperial Bank of Commerce's increase of its five-year mortgage rate to 7.1%.
"On the surface this article might appear to have little to do with retailing. In fact, nothing could be further from the truth. It has two important influences on retailing. First the bond rate is increasing because the economy has developed far more resiliency than was initially thought possible in the wake of the events of September 11. The article attributes increasing bond rates to many factors including a retail-spending splurge in October. North American's have responded to the attacks by continuing to spend on retail consumption. This is important information for retailers, particularly only one-month before Christmas."

Cite this Article Review:

APA Format

Canadian Economics: A Media Journal (2003, October 26) Retrieved December 09, 2022, from https://www.academon.com/article-review/canadian-economics-a-media-journal-36964/

MLA Format

"Canadian Economics: A Media Journal" 26 October 2003. Web. 09 December. 2022. <https://www.academon.com/article-review/canadian-economics-a-media-journal-36964/>

Comments