Flaherty
Ottawa to eliminate deficit in 14 months, then surpluses
Flaherty forecasts a surplus of $3.7 billion in 2015-16, with a $3-billion cushion.
Ottawa, Ontario sell shares in General Motors worth $1.1B
Ending ‘temporary’ investment made in 2009 to help keep the automaker afloat.
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Federal briefing deflates claim of corporate cash hoard
A revised Statistics Canada estimate puts it at about $544 billion in Q1.
OPINION: Canada-US auto bailout was always a bad idea
Taxpayers are still owed a minimum of $3.6 billion.
EDC’s Stephen Poloz the next Bank of Canada governor
Expects a need to stimulate the economy: says we’re “not out of the woods yet…”
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AECL review forces federal nuclear liability up by $2.4B
Indirect costs of radioactive waste disposal have climbed.
Economy will do better than current expectations: RBC
But the loonie will remain below parity for next two years.
Senators call for fewer tariffs
Will help close Canada/US price gap.
Flaherty says US must avoid fiscal cliff that would lead to recession
Falling off the edge would have a greater impact on Canada than EU woes
Flaherty provides sobering outlook on Canada’s “fragile” economy
Finance minister warns economy remains susceptible to shocks that could derail things quickly.
Canada paying for price of aging population
Bank of Canada says the cost will continue grow unless adjustments are made.
Need to know: Federal pension overhaul
Old-age security eligibility raises to 67, throwing a wrench in the retirement plants of many Canadians.
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More stimulus ahead as Conservatives falter on book-balancing act
Will this economic reversal hurt Harper’s political capital?
Orders grow, production picks up the pace in August
The pace of new business picked up for Canadian manufacturers in August according to a new Canadian purchasing managers index report that follows a Statistics Canada’s latest GDP figures showing a contraction in the second quarter.
US recession: merely very bad or catastrophic?
In almost every respect – the jobs market, the government deficit picture, the housing market – Canada is in better shape than the US and most of Europe. But even on this side of the border, economic growth is slowing.
