AFP via Getty Images
As the CPC strategizes for a new party leader, some right-minded pundits of market fundamentalism are touting the inexperienced political outsider as a serious contender for party leader. That imprudent direction may well prove to widen the chasm between the CPC and wiser-than-previously-anticipated average Canadian voters.
To reinforce his obvious campaign themes about fear and insecurity, Stephen Harper has taken to describing Canada's current economic situation as a "crisis." If that's his pitch, one should ask under whose watch did this so-called "crisis" develop? Our country is no doubt in an economic mess, but calling it a "crisis" is simply a scare tactic.
ODD ANDERSEN via Getty Images
Artwork by: David Cran Good protest songs - the ones that endure - never preach to the choir. They don't rally the converted. They never tell you what to do, just that something should be done. Good p...
Yuji Sakai via Getty Images
In a penalty kick situation, goalkeepers must decide what to do before clearly observing kick direction. Basically, goalkeepers feel worse, and are judged more harshly, if they stay in the centre and fail to stop the ball than if they jump left or right and fail. Another profession that exhibits action bias, and for much the same reason, is politics.
Growth is up, and it's looking like inflation is hard on its heels. The U.K. is charting this new course; we'd all do well to watch with interest, and to wish them well.
Even before the last economic cycle ended, the bell was tolling. The onset of crisis compounded the doomsaying. Me-first nationalism swept across the planet, threatening to undo the vast global integration that was the last cycle's hallmark. Is globalization dead?
Blend Images - Jose Luis Pelaez Inc via Getty Images
When international trade collapsed in 2009, the Canadian economy turned inward, and for a change, discovered a steady source of growth. That source is now tapped out, and economy-watchers have for some time turned their eyes back to trade. So far, the view has been uninspiring. Will Canadian trade carry growth forward, or is our hopeful gaze in for a big disappointment?
2014 will be the year that workers stop sitting and taking the abuse that has been heaped on them by their employers since the financial crisis. You can only push people so far before you become the company no one wants to work for.
During recessions, American sentiment is typically volatile. One of the most remarkable recent developments in the world economy is the change in U.S. sentiment. After three failed attempts, the Conference Board Index of Consumer Confidence has finally and convincingly popped back into the "normal" zone.
There's a sour seasonality that has become entrenched in recent global economics. In the past few years, summer has become a disarmingly punctual momentum-killer of global production. Perhaps the most critical question in EDC's Summer 2013 Global Export Forecast is whether we are in for yet another summer drubbing, or whether this is the year we break with that sorry tradition.
There is a concept, called short-termism, which could devastate finances in the future, and has in the past devastated the millions who rely on their paycheques or pensions in the corporate world.
I've always felt a profound sense of emotional connection with nature's expressions, as they most often reflect my own internal world. The moment I step into the wilderness, the smell of the earth, th...
Few economies escaped the global slowdown in the summer of 2012. Mexico was a rare and notable exception. While marked deterioration in China, India and Brazil grabbed the headlines, Mexico quietly hummed along, generating remarkably smooth growth.
JONATHAN NACKSTRAND/AFP/Getty Images
In a few days the "fiscal cliff" deadline will arrive and potentially bring massive automatic spending cuts and tax increases to the U.S. Even if Congress and the President agree to avoid the cliff, the next crisis awaits.
It has long been said that when the U.S. sneezes, Canada catches a cold. So why have these debt-related ailments in the U.S. not afflicted the Canadian government? The answer is that Canada has been practicing what the U.S. always preached. That is why we Canucks are not jumping off cliffs or smashing into ceilings.
While several countries, mostly in Europe, continue to struggle economically, one country stands out as an example to follow: Sweden. For almost two decades, the Scandinavian country has managed to maintain strong economic growth despite levels of taxation and public spending that rank among the world's highest.
Those who have seen the documentary Queen of Versailles usually laugh at the outrageous lifestyle of David and Jacky Siegal, a billionaire and his trophy wife. The film begins in 2008, before the market crash. The economic downturn froze the construction of their incredible 90,000 sq ft mansion in Florida. But we can learn from them. What kids and adults need are some lessons in the lost art of budgeting, living within your means and learning not to spend what you don't have.
Interim Liberal Leader Bob Rae said Wednesday that Finance Minister Jim Flaherty is downplaying the potential impact of Europe's economic crisis on Canada as he laid out his own vision for the country...
For three years, my political party has veered in a direction I cannot follow. And if the GOP insists on framing the 2012 election as a ballot question on fiscal and monetary austerity, or if they nominate somebody manifestly incompetent to do the job of president, they're going to lose me -- and a lot more people.
OTTAWA - Finance Minister Jim Flaherty is not letting up on his criticism of European leaders, telling them in a blistering speech that their dithering is jeopardizing the global recovery.The unusuall...
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.
As the global economy continues to struggle, the image of heroic leadership has waned. President Obama falls into this category, exhorting Americans to buy his economic agenda but running into the obstacles presented by Congress and a cynical and deeply divided public.
BEIJING, China - China, the largest foreign holder of U.S. debt, demanded Saturday that America tighten its belt and confront its 'debt-addiction' in the wake of the Standard & Poor's decision to down...