Jim Flaherty Debt

How Canadians Dug Themselves into Debt

Doug O. Jones | Posted 05.26.2013 | Canada Business
Doug O. Jones

One may truly feel for our Minister of Finance, as no one likes to talk and be ignored. Yet, this seems to be an experience Mr. Flaherty knows all too well, as the past year he has repeatedly warned Canadians about their increasing personal debt loads, only to have those warnings tuned out.

Is Now Really a "Great" Time to Take on Debt?

Steven Uster | Posted 05.07.2013 | Canada Business
Steven Uster

BMO's recent decision to lower its mortgage rates and potentially trigger yet another mortgage price war among Canadian banks. This has triggered a debate among analysts and commentators about the merits of debt -- one outlining this week why "it's a great time for Canadians to be in debt."

Flaherty Not Going Anywhere... At Least Not Yet

CP | The Canadian Press | Posted 01.30.2013 | Canada Politics

VICTORIA - Jim Flaherty says he's committed to the finance minister's job until the budget is balanced.That likely keeps Flaherty in the role until th...

Flaherty 'Very Concerned' About Debt Crisis

CP | Mark Brownlee, The Canadian Press | Posted 09.25.2011 | Canada Politics

BURLINGTON, Ont. - Finance Minister Jim Flaherty said Tuesday that he is "very concerned" about the debt crisis in the United States, warning that Canada would feel an impact if Washington defaulted on its loans.

But Flaherty also said he believed that U.S. legislators would reach an agreement allowing Washington to raise its debt ceiling before the Aug. 2 deadline.