Lagarde warns about the dangers of overemphasizing deficit reduction.
The new program would see more control handed to the private sector.
Public service layoffs and program cuts have already started as anxious workers wait for more bad news.
Association applauds throne speech’s focus on productivity improvement and affordable energy.
$3-billion drop thanks to higher than expected revenues and lower expenses.
Canada’s wealthiest province is on track to run a $3 billion deficit.
Obama says compromise could even be done quickly.
Massive budget chock full of direct spending and incentives for firms to expand, invest and exports to shed some of the shackles of growth.
Canada’s banks assure Flaherty budget balancing is do-able by 2015.
President Barack Obama is making a strong election-year push for an economic revival “built on American manufacturing.” But he faces an uphill slog, with little consensus even within his own party on how to do it.
The feds will take a hit now, only to yield higher tax returns down the road