Aerospace industry expects to boost profit

Article Abstract:

Aerospace Industries Association of Canada's survey of companies expects Canadian aerospace industry sales to increase from C$13.4 billion in 1997 to C$15.3 billion in 1998. The study also projects sales of aerospace companies to climb around 14% in 1998, compared from the 1997 sales increase of 8% from 1996. Meanwhile, projections for individual firms such as CAE Inc., Magellan Aerospace Corp., Spar Aerospace Ltd. and Bombardier Inc. are excellent. The association anticipates Canada to become the world's fifth-biggest aerospace industry in 1998, up from the sixth spot it held in 1997.

Comment:

Canada: Aerospace Industries Assoc of Canada's survey expects Canadian aerospace industry sales to reach C$15.3 bil in 1998

Aircraft, Aircraft Manufacturing, Article

Lender bank on Internet mortgages

Article Abstract:

The online mortgage industry in Canada is expected to grow as consumers become more comfortable with technology. Canada's residential mortgage market is valued at around C$381 billion with only a small percentage coming from online transactions. Online mortgage lenders offer several advantages such as lower rates, faster transaction time and lower transaction fees.

Mortgage Bankers & Brokers, Mortgage and Nonmortgage Loan Brokers

Economy may be victim of war against terrorism

Article Abstract:

Terrorism against the United States is expected to throw the country into a short recession, with the country rebounding in the first quarter of 2002. The longer-range impact may be a reduction of private investment and an increase in security costs.

Economic Views, Economic aspects, Forecasts and trends, Economic policy, United States economic conditions, Recessions, Terrorism