Flaherty
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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.
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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.
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OPINION: Canada-US auto bailout was always a bad idea
Taxpayers are still owed a minimum of $3.6 billion.
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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.
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Economy will do better than current expectations: RBC
But the loonie will remain below parity for next two years.
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Senators call for fewer tariffs
Will help close Canada/US price gap.
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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
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Flaherty provides sobering outlook on Canada’s “fragile” economy
Finance minister warns economy remains susceptible to shocks that could derail things quickly.
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Canada paying for price of aging population
Bank of Canada says the cost will continue grow unless adjustments are made.
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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?
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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.
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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.
