The conundrum is that world needs strong economic growth but debts make this impossible. As "responsible" governments or individuals save to reduce debts, economic growth contracts and makes debts higher.

The U.S. is going through a historic debt crisis, but Canada's economy also faces an uncertain future. While the American government raised the debt c...

OTTAWA - Finance Minister Jim Flaherty says the recent stock market turmoil may cause some turbulence for the Canadian economy. But Flaherty says C...

At the end of the day there is nothing sacred about that AAA stamp on Washington IOUs. Since the popular press has done a good job in linking the Aug. 2 deadline with the future of the U.S. credit rating, many believe that getting a debt authorization increase by this date will protect it. That would be naïve.

Now that Washington is on the brink — with looming debt ceiling deadlines sending the Canadian dollar soaring, negotiations that start then falter, ...

THE CANADIAN PRESS — TORONTO - The Toronto stock market was lower Monday but losses were held in check by rising gold stocks as the precious metal m...

THE CANADIAN PRESS -- OTTAWA - The Bank of Canada faces a conundrum. With the Canadian economy on track, it is not a question of whether the centra...

CBC -- The price of gold hit a record high Wednesday as investors continued to flock to the precious metal as a perceived safe haven amid global finan...