Prime Minister Harper is proving a political populist by practice and fiscal hawk by necessity; his finance minister, Jim Flaherty, is actually more the reverse. That tandem is holding, for now. A new Bank of Canada governor means renewed focus on the country's economic direction.

At the IMF-World Bank meetings this past week, there were plenty of assessments of the state of the global economy that described the post-2008 recovery as anemic. Only a few went so far as to claim that the global economy is comatose. Yet, despite general agreement on the diagnosis, there was little consensus on how to solve the problem.

OTTAWA - With global finance ministers gathering in Washington this week, the International Monetary Fund is advising Canadian policy-makers against p...

Government program spending is still growing from sea to sea. Virtually every government in Canada is spending more in current dollars from one year to the next. Many are spending more in inflation-adjusted dollars, too. If they aren't, they're generally coming pretty close.

MONTREAL -- World leaders wrestling with mounting debt face a false choice between fiscal discipline and economic growth, Prime Minister Stephen Harpe...

TORONTO - The Progressive Conservatives plan to introduce legislation to impose an immediate two-year wage freeze on over one million public sector wo...

GENEVA - Global unemployment will hit 202 million this year, or 6.1 per cent, as debt-driven austerity measures hammer job markets and threaten to dri...

With the release of he much-anticipated budget report of Don Drummond tomorrow, students will find themselves among nurses, the unemployed, teachers, early childcare educators, social workers, and millions of other Ontarians who will try to make it politically impossible for McGuinty to implement any of the cuts or regressive policy changes that Drummond recommends.

As debate about income inequality mounts, a new study underscores how important public investment in social programs like education and health care is...

OTTAWA - The federal government is well ahead of schedule in reducing the size of the deficit, even as it is preparing to cut back on pensions and the...

OTTAWA - Cities in Western Canada will lead the country in growth and prosperity over the next couple of years, according to an outlook released Wedne...

Canada's provincial governments "should condition their populace for deeper cuts," says a CIBC World Markets report that warns the world's slowing eco...

Canada's combined federal and provincial net debt will pass $1.1 trillion at 11 p.m. ET on October 3, according to a recent calculation. But while som...

The federal budget deficit in July rose to $1.6 billion, compared with $0.5 billion in the same month a year earlier, the Finance Department reported ...

By Tom Miles GENEVA (Reuters) - The pursuit of austerity measures and deficit cuts is pushing the world economy toward disaster in a mi...

OTTAWA - Bob Rae says the Harper government's dogmatic approach to deficit and tax reduction risks driving Canada into an economic ditch.The Liberal l...

With debt crises in the United States and Europe threatening to send a still-shaky world economy teetering over the edge, Canada’s finances have rar...