Canada Austerity

Why Are So Many Emerging Markets Taking Protests to the Streets?

Peter Hall | Posted 11.11.2013 | Canada
Peter Hall

Mass protests have become an all-too-common post-crisis occurrence in major cities around the world. The sheer number of them elicits key questions. What is making them so prevalent? Where will the movement strike next? And more personally, how will protests affect our international business operations?

In Canada, Austerity Rules

Nick Fillmore | Posted 10.15.2013 | Canada Politics
Nick Fillmore

The exceedingly aggressive austerity cuts carried out by Prime Minister Stephen Harper and Finance Minister Jim Flaherty over the past seven years have come home to roost as millions of Canadians, depressed and without hope, are succumbing to its worst consequences.

Harper Endorses Controversial Austerity Program

CBC | Posted 08.13.2013 | Canada Business

Prime Minister Stephen Harper told the British Parliament today that the debate in Europe between austerity and growth is "a false dichotomy." ...

Harper's Foreign Policy: Make the Rich Richer

Yves Engler | Posted 07.26.2013 | Canada Politics
Yves Engler

The Harper government has consistently supported Canada's banks and global investor class. In fact, their entire foreign policy is largely designed around the question: How can we make the world's richest 0.1% even richer?

Canada Should Be Smartening Up Instead of Dumbing Down

Glen Pearson | Posted 07.22.2013 | Canada Politics
Glen Pearson

The Prime Minister's personal poll numbers are receding (dropping almost by half since 2010), as are those of his government. Sensing the decline, the Conservatives have taken to their historic method of going negative, as with their recent attack ads on Justin Trudeau. Yet it's not working as effectively because Canadians themselves have faced too many negative indicators in the last five years.

Why Austerity Matters to Canada

David McLaughlin | Posted 07.07.2013 | Canada Business
David McLaughlin

Prime Minister Harper is proving a political populist by practice and fiscal hawk by necessity; his finance minister, Jim Flaherty, is actually more the reverse. That tandem is holding, for now. A new Bank of Canada governor means renewed focus on the country's economic direction.

Our Job Deficiency: A Challenge to the IMF-World Bank

Bessma Momani | Posted 06.29.2013 | Canada Business
Bessma Momani

At the IMF-World Bank meetings this past week, there were plenty of assessments of the state of the global economy that described the post-2008 recovery as anemic. Only a few went so far as to claim that the global economy is comatose. Yet, despite general agreement on the diagnosis, there was little consensus on how to solve the problem.

IMF Warns Canada Against Austerity

CP | Julian Beltrame, The Canadian Press | Posted 06.16.2013 | Canada Business

OTTAWA - With global finance ministers gathering in Washington this week, the International Monetary Fund is advising Canadian policy-makers against p...

Why Canada's Definition of Austerity Is All Wrong

David Gratzer | Posted 04.29.2013 | Canada Business
David Gratzer

Government program spending is still growing from sea to sea. Virtually every government in Canada is spending more in current dollars from one year to the next. Many are spending more in inflation-adjusted dollars, too. If they aren't, they're generally coming pretty close.

Will Kathleen Wynne Cross the Inequality Barrier?

Trish L. Hennessy | Posted 01.29.2013 | Canada Politics
Trish L. Hennessy

Imagine if Ontario's incoming Premier -- lauded for breaking the inequality barrier on two counts -- decided to parlay her victory into a post-austerity focus on solutions to income inequality. Now that would be truly groundbreaking. And it couldn't come at a better time.

When Building Neighbourhoods, Don't Forget the Poor

Hassan Arif | Posted 11.05.2012 | Canada Impact
Hassan Arif

Sustainable urban planning, with walkable streets and neighbourhoods, with architecturally pleasing buildings that prioritize liveability, should not be the property of only the wealthy and the middle class. Overall, having liveable neighbourhoods and buildings for people of all incomes serves as a source of pride for the city as a whole.

Harper Doubles Down On Austerity

CP | Posted 06.12.2012 | Canada Business

MONTREAL -- World leaders wrestling with mounting debt face a false choice between fiscal discipline and economic growth, Prime Minister Stephen Harpe...

As Austerity Fails In Europe, Hudak Demands It In Ontario

CP | The Canadian Press | Posted 07.07.2012 | Canada Business

TORONTO - The Progressive Conservatives plan to introduce legislation to impose an immediate two-year wage freeze on over one million public sector wo...

Government Cutbacks Will Kill Millions Of Jobs This Year: UN Agency

CP | The Associated Press | Posted 06.30.2012 | Canada Business

GENEVA - Global unemployment will hit 202 million this year, or 6.1 per cent, as debt-driven austerity measures hammer job markets and threaten to dri...

How to be a Leader in Bad Times

Rick Lash | Posted 06.13.2012 | Canada
Rick Lash

For those that survive the government's deep budget cuts, greater challenges lie ahead. In good times, even bad leaders can be effective. However, when the winds of growth die down, truly effective leaders with the qualities and characteristics needed to inspire and engage will reveal themselves.

Ontario Students Ready to Give Drummond a "D"

Nora Loreto | Posted 04.15.2012 | Canada Business
Nora Loreto

With the release of he much-anticipated budget report of Don Drummond tomorrow, students will find themselves among nurses, the unemployed, teachers, early childcare educators, social workers, and millions of other Ontarians who will try to make it politically impossible for McGuinty to implement any of the cuts or regressive policy changes that Drummond recommends.

Rachel Mendleson

Ottawa's Austerity Program May Widen Wage Gap, Study Suggests

HuffingtonPost.com | Rachel Mendleson | Posted 02.02.2012 | Canada Business

As debate about income inequality mounts, a new study underscores how important public investment in social programs like education and health care is...

Canada's Achilles Heel At Top Of Budget Agenda

CP | Julian Beltrame, The Canadian Press | Posted 04.02.2012 | Canada Politics

OTTAWA - Policy-makers have talked about business innovation endlessly — now the Harper government says it is determined to do something about it.Pr...

Ottawa Ahead Of Schedule On Deficit Reduction

CP | Julian Beltrame, The Canadian Press | Posted 03.28.2012 | Canada Business

OTTAWA - The federal government is well ahead of schedule in reducing the size of the deficit, even as it is preparing to cut back on pensions and the...

The 10 Fastest-Growing Cities In Canada

CP | Posted 01.11.2012 | Canada Business

OTTAWA - Cities in Western Canada will lead the country in growth and prosperity over the next couple of years, according to an outlook released Wedne...

Veterans Across Canada Protest Budget Cuts

CBC | Posted 01.05.2012 | Canada

Veterans across Canada staged protests on Saturday to rally against $226 million in proposed budget clawbacks targeting Veterans Affairs. ...

Daniel Tencer

CIBC World Markets Tells Provinces To ‘Condition’ Populace For Massive Cuts

HuffingtonPost.com | Daniel Tencer | Posted 01.01.2012 | Canada Business

Canada's provincial governments "should condition their populace for deeper cuts," says a CIBC World Markets report that warns the world's slowing eco...

Rachel Mendleson

Canada Risks Ending Up On 'Road To Greece' Business Group Warns

HuffingtonPost.com | Rachel Mendleson | Posted 12.03.2011 | Canada Business

Canada's combined federal and provincial net debt will pass $1.1 trillion at 11 p.m. ET on October 3, according to a recent calculation. But while som...

Federal Budget Deficit For July Triples

CBC | Posted 11.30.2011 | Canada Business

The federal budget deficit in July rose to $1.6 billion, compared with $0.5 billion in the same month a year earlier, the Finance Department reported ...

Rachel Mendleson

Unions To Ottawa: Reconsider Austerity

HuffingtonPost.com | Rachel Mendleson | Posted 11.19.2011 | Canada Politics

With the threat of cuts to public services and jobs looming, Canada’s largest unions are imploring Ottawa to reconsider its austerity agenda. At ...