Canada Imf

IMF Rejects Greece Bailout Deal

CP | The Associated Press | Posted 07.30.2015 | Canada Business

WASHINGTON -- An International Monetary Fund official says the IMF cannot participate in another Greek bailout until Greece and its creditors make dif...

Greek Austerity Package Triggers Riots, Political Revolt

CP | Elena Becatoros And Derek Gatopoulos, The Associated Press | Posted 07.20.2015 | Canada Business

ATHENS, Greece - Greece's troubled left-wing government was seeking urgent relief from European lenders Thursday, after it pushed a harsh austerity pa...

IMF Slashes Forecast For Canadian, Global Economies

CP | Paul Wiseman, The Associated Press | Posted 07.09.2015 | Canada Business

WASHINGTON - The U.S. economy's stumble at the start of 2015 is dragging down the world's growth to the lowest level since the Great Recession, the In...

Why Canada Should Cautiously Monitor Greece's Financial Crisis

Gerry Som | Posted 07.06.2015 | Canada Business
Gerry Som

A Greek crisis cannot be good for the world right now, and we cannot/should not be mute spectators. Here are some reasons why we in Canada in particular, and the rest of the world in general, have to cautiously monitor the current events in Greece, and should try to guide or help Greece get out of the crisis before it becomes contagious. Canada already has internal financial stresses, just like many other countries around the world do, at this moment; this Greek crisis can add to external stress for many countries, and this really is bad timing, and an unwanted occurrence for the world economy.

Greek Finance Minister Quits

CP | Elena Becatoros And Demetris Nellas, The Associated Press | Posted 07.06.2015 | Canada Business

ATHENS, Greece - Greek Finance Minister Yanis Varoufakis resigned Monday, saying he was told shortly after Greece's decisive referendum result that so...

The International Monetary Fund Should Challenge the One Per Cent

Nick Fillmore | Posted 07.05.2015 | Canada Politics
Nick Fillmore

Two remarkable developments during the past 10 days that could have a significant impact in many countries are worth a lot more attention in Canada and the United States. First, a major research document published by five top economists at the International Monetary Fund (IMF) admitted that the strong pro-capitalist policies at the centre of its activities in developing countries for the past 30 years do not work.

Greece Needs $50 Billion: IMF

CP | The Associated Press | Posted 07.02.2015 | Canada Business

WASHINGTON (AP) -- The International Monetary Fund says Greece needs debt relief and 50 billion euros ($70 billion) in new financing from October thro...

Greece To Default On IMF Payment, Finance Minister Says

CP/HuffPost Canada | Elena Becatoros, The Associated Press | Posted 06.30.2015 | Canada Business

ATHENS, Greece (AP) — Greece is set to become the first developed nation to not pay its debts to the International Monetary Fund on time, as the cou...

Bye Bye, Reagan: IMF Blows Hole Through Trickle-Down Economics

The Huffington Post Canada | Daniel Tencer | Posted 06.16.2015 | Canada Business

The International Monetary Fund just blew a big hole through trickle-down economics. You’ve probably heard of trickle-down economics: It gained p...

Markets Tumble As IMF Walks Away From Greece Crisis Talks

CP | By Elena Becatoros, The Associated Press | Posted 06.12.2015 | Canada Business

ATHENS, Greece -- Markets tumbled Friday as investors reassessed their recent bout of optimism over the likelihood of a deal that would prevent the co...

European Leaders In Emergency Meetings As Greece Faces Bankruptcy

CP | Elena Becatoros, The Associated Press | Posted 06.02.2015 | Canada Business

BERLIN - Greece's international creditors held an emergency meeting in Berlin to discuss how to push ahead bailout discussions with Athens so the cash...

Defeating Global Poverty Requires a Shift from Billions to a Trillion Dollars

Bessma Momani | Posted 06.24.2015 | Canada
Bessma Momani

The World Bank's ambitious goal to end poverty by 2030 requires large transformations in the global political economy so everyone has a chance for a better life. According to World Bank President, Jim Kim, defeating poverty requires a surmounting push from $131 billion dedicated to development, to a trillion dollars.

World Finance Leaders Feeling Jittery

CP | Harry Dunphy, The Associated Press | Posted 04.20.2015 | Canada Business

WASHINGTON -- The world's financial leaders see a number of threats facing a global economy still on an uneven road to recovery with U.S. and European...

Canada 'Solid' Despite Everything, IMF Declares

CP | The Canadian Press | Posted 06.14.2015 | Canada Business

The International Monetary Fund has lowered its outlook for Canadian economic growth.It describes Canada's recent performance as "solid" but says the ...

This Is The Problem With Canada's Housing Market, According To The IMF

The Huffington Post Canada | Daniel Tencer | Posted 03.10.2015 | Canada Business

The International Monetary Fund has issued a new warning about Canada’s housing market, saying that overheated house prices and high household debt ...

IMF Chief: Gender Equality Is A 'Moral Imperative'

The Huffington Post Canada | Jennifer MacMillan | Posted 02.23.2015 | Canada Business

IMF Chief Christine Lagarde joins Arianna Huffington at HuffPost Live to discuss how we can get more women in the workforce and why the female labor f...

IMF Estimates How Much Canadian Housing Is Overvalued

The Huffington Post Canada | Daniel Tencer | Posted 02.02.2015 | Canada Business

Mortgage markets growing riskier Toronto in for a ‘cooling’ this year Canada’s housing markets will cool this year, leading to a mor...

IMF Lowers Outlook For Canada

CP | The Canadian Press | Posted 03.22.2015 | Canada Business

OTTAWA - The International Monetary Fund is downgrading its 2015 growth forecast for the Canadian economy as it lowers its overall outlook for global ...

China's Economy Hits 24-Year Low

CP | Elaine Kurtenbach, The Associated Press | Posted 03.22.2015 | Canada Business

TOKYO - The International Monetary Fund lowered its forecasts for global growth over the next two years, warning Tuesday that weakness in most major e...

IMF Warns Canada Over Pricey Housing Market

The Huffington Post Canada | Posted 10.08.2014 | Canada Business

The International Monetary Fund (IMF) is reminding Canada that its overvalued housing market remains a vulnerability, even as it expects the economy t...

Global Economic Recovery Needs More Women: IMF

CP | Elaine Kurtenbach, The Associated Press | Posted 11.12.2014 | Canada Business

TOKYO - Empowerment of women and equal opportunities are crucial for driving a stronger global economic recovery, and for revitalizing Japan, the head...

World Will Have To Bail Out Ukraine Again If Fighting Persists: IMF

CP | The Associated Press | Posted 11.02.2014 | Canada Business

BRUSSELS - The International Monetary Fund says Ukraine will need billions of dollars in additional support if the fighting between the military and R...

IMF Head Caught In Corruption Probe

CP | Lori Hinnant, The Associated Press | Posted 10.27.2014 | Canada Business

PARIS - Christine Lagarde, the chief of the International Monetary Fund, was put under official investigation for negligence in a French corruption pr...

Do the BRICs need a Bank?

Salman Sakir | Posted 10.25.2014 | Canada Business
Salman Sakir

The BRICS countries have recently started a new bank called the New Development Bank. Starting with an initial capital base of US $50 billion that is predicted to increase to US $100 billion, the bank's responsibility will be to finance infrastructure needs in the BRICS countries as well as other developing countries.

IMF: U.S. A Drag On Canada's Economy

CP | Julian Beltrame, The Canadian Press | Posted 09.23.2014 | Canada Business

OTTAWA - The International Monetary Fund says Canada's economy will be a little weaker this year than previously projected, although it will continue ...