World Economy

Canada's economy will shrink twice as fast as the world average, the IMF predicts.
Equality of opportunity is dying in an era when central banks are gaming the global economy, Dalio says.
Over the next 15 years, the international community will be guided by 17 Sustainable Development Goals (SDGs) integrating the three broad pillars of sustainable development: economic, social and environmental well-being. Universal in nature, this means the SDGs will go beyond guiding the international cooperation efforts of high-income countries and emerging economies, to encouraging Canada to determine how it will address its own sustainable development challenges domestically.
WASHINGTON -- The world's financial leaders see a number of threats facing a global economy still on an uneven road to recovery
Like other OECD economies, European businesses have seen an investment hibernation since 2009. Abundant spare capacity limited the need for new investment, and has created a very hesitant business investment mindset. At the same time, corporate cash has increased, creating the capacity to invest when the time is right.
MONTREAL - High unemployment and growing income inequalities have undermined public confidence in global institutions, the
Just when the Western World was worried about a serious double-dip recession, the unthinkable happened: Asia faltered.
Stable is not a word that can be used to describe much in today's economy. A notable exception is the Canadian dollar. The loonie has soared in a reasonably tight range around parity with the U.S. dollar for 3 years now. Although exporters would prefer a lower level, the stability has made activity and cash flows somewhat more predictable. Now, the loonie is losing some loft; what's happening?
It's hard to tell these days if someone is really broke and hungry, but something about her spoke to me. I saw her as somewhat of an entrepreneur of necessity and frankly any skepticism or doubt about her intentions or integrity didn't really matter at all.
OTTAWA - Canada's finance minister and head of the central bank will update MPs this week on the state of the economy as