Assuming Mr. Carney and his fiscal policy counterparts maintain their credibility, the country may very well hang on to number one for another year at least. That's good news for business and it might just be the thing that softens the blow to our equity market should the gyrations of the past few months continue.
Although the Harper government has no problem spending money, I believe that they will probably ramp up the cuts that have already started. We must make sure that we are not balancing the books on the backs of the poor. Make no mistake, poverty costs us all. It forces up our tax bills and depresses the economy.
WASHINGTON - The world's major economic powers are pledging to launch a bold effort to confront both a chronic slowdown in growth and a European debt crisis that are threatening to push the global eco...
Canada helped create the G20. Can it now help re-energize its child? It boasts of dodging the financial crisis thanks to its wise regulatory stance, but so far has done little to help fill the leadership or financing gap.
TORONTO - The Toronto Stock Exchange pared early triple-digit losses but still closed lower Tuesday as North American traders returned from the Labour Day holiday focused on persistent concerns about...
CERNOBBIO, Italy - Business leaders and finance experts gathered in Italy offered a downbeat assessment of the global economy Friday — with several predicting another recession due to a calamitous coc...
WASHINGTON - The U.S. economy grew at a meagre one per cent annual pace this spring, a slower rate than previously estimated. The downward revision will likely increase fears that the economy is at ri...
Flickr: Dylan Passmore
As worries about another U.S. recession mount, Canada's economy is highly exposed to any downturn and is less equipped to fight a slump than it was three year
TORONTO - Canadians could see a rise in unemployment as businesses scale back growth plans if the United States heads back into recession, analysts said Monday. After a massive selloff on North Americ...