Double Dip Recession

In an Economic Storm, Canada Holds the Best Umbrella

Andrew Pyle | Posted 12.11.2011 | Canada
Andrew Pyle

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.

Balancing the Books on the Backs of the Poor

Sen. Art Eggleton | Posted 11.30.2011 | Canada
Sen. Art Eggleton

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.

G20 Offers Strong Words On Economy, But Will Action Follow?

CP | Gabriele Steinhauser,Martin Crutsinger, The Associated Press | Posted 11.23.2011 | Canada Business

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 ...

A Stumbling G20: Can Canada Seize the Leadership Opportunity?

John Sinclair | Posted 11.15.2011 | Canada
John Sinclair

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.

TSX Dives On Opening

CP | Sunny Freeman, The Canadian Press | Posted 11.06.2011 | Canada Business

TORONTO - The Toronto Stock Exchange pared early triple-digit losses but still closed lower Tuesday as North American traders returned from the Labou...

'Dr. Doom' Says Another Recession Likely

CP | Dan Perry, The Associated Press | Posted 11.02.2011 | Canada Business

CERNOBBIO, Italy - Business leaders and finance experts gathered in Italy offered a downbeat assessment of the global economy Friday — with several ...

Bernanke Offers No New Help For U.S. Economy

AP | Posted 10.26.2011 | Canada Business

JACKSON HOLE, Wyo. (AP) -- Chairman Ben Bernanke is proposing no new steps by the Federal Reserve to boost the economy while hinting that Congress may...

Double Dip? U.S. GDP Revised Downward

CP | Christopher S. Rugaber, The Associated Press | Posted 10.26.2011 | Canada Business

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 wi...

Worse Than Last Time? Canada 'Highly Exposed' To U.S. Recession

The Globe and Mail | Posted 10.24.2011 | Canada Business

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 th...

Canada May Run 'On Minimal People Power'

CP | Posted 10.09.2011 | Canada Business

TORONTO - Canadians could see a rise in unemployment as businesses scale back growth plans if the United States heads back into recession, analysts sa...