Detroit Bankruptcy

Will Detroit Have To Pawn Off Art?

CP | Corey Williams, The Associated Press | Posted 02.14.2014 | Canada Business

DETROIT - Detroit may have to rely on the generosity of strangers to keep its impressive art collection that was amassed with taxpayer dollars in bett...

Is This Canadian City The Next Detroit?

The Huffington Post Alberta | Seema Dhawan | Posted 02.02.2014 | Canada Alberta

The recent decision by a U.S. judge to allow the City of Detroit to potentially shed billions in debt is raising concern among some for a Canadian cit...

Canada's Success is Tied to All its Cities, Not Just the Thriving Ones

Matthew Kellway | Posted 01.23.2014 | Canada Politics
Matthew Kellway

For 40 years or so, the economic forces of this global economy have reshaped, physically and socially, too, cities around the world and even delivered some, once mighty, into bankruptcy. Witness Detroit. Here in Toronto, vast expanses of our car-oriented post-war suburbs have become food, transit and social service deserts with scarce opportunity for employment,

A New Direction Needed For Detroit

Hassan Arif | Posted 10.05.2013 | Canada
Hassan Arif

Detroit-the-city and Detroit-the-auto-industry too often are conflated in media commentary, thought of as the same entity, when they are not. Where t...

Financial Lessons You Can Take Away From Detroit's Bankruptcy

Jane Blaufus | Posted 09.22.2013 | Canada Business
Jane Blaufus

Are you dealing with overly optimistic assumptions when it comes to your investments? Detroit's pension fund managers had assumed a rate of return on their annual investments of 8 per cent. I do not know about you but I have not seen 8 per cent on any of my investments for a long time.

Canada, Take Note

CBC | Posted 09.19.2013 | Canada Business

Canada's municipalities may be unlikely to face the same fate as Detroit, but the financial fall of Motor City carries lessons for towns and citi...