debt

Blog
Aug 9, 2011

About those 'unfunded liabilities'

Marc Lee
When it comes to the Canada Pension Plan, a major talking point from the right is that the CPP has "unfunded liabilities," with the implication that it is financially unsustainable. This is nonsense.
Blog
Aug 8, 2011

The new phase of the financial crisis

Andrew Jackson
We face a new crisis, or at least a stock market correction of major proportions, which may precipitate a new phase of the crisis. How should governments be responding to the panic in the markets?
Columnists
Jul 27, 2011

Blowing the whistle on war profiteering

"War is a racket," wrote retired U.S. Marine Maj. Gen. Smedley D. Butler, in 1935. That statement, which is also the title of his short book on war profiteering, rings true today.
Blog
Jul 27, 2011

The myth of expansionary austerity

Andrew Jackson
As the U.S. and Europe turn from stimulus to fiscal austerity, claims are heard that spending cuts actually stimulate economic growth. However there is rarely any such thing as expansionary austerity.
Columnists
Jul 19, 2011

'Time to reduce exposure to Europe'

The Harper government is about to substantially increase Canada's national economic "exposure" to Europe, at the very moment when financial advisers recommend we head in the other direction.
Blog
Jul 12, 2011

Navigating challenging economic waters

Marc Lee
Down south, the Obama administration is in a dangerous game of chicken with Republican congressional leaders, who are cynically holding the U.S. economy hostage.
Blog
Jun 16, 2011

Is capitalism terminally ill?

Bruce Livesey
Evidence is mounting that capitalism as an economic system is failing the majority of people. It is failing to provide working people with jobs, a decent standard of living, security and stability.
Blog
Jun 6, 2011
Incidence of Debt in 2009 - By Age

Reduce student debt to reduce household debt

Nick Falvo
In 1990, the average Canadian household had debt representing just under 90 per cent of its personal disposable income. Today, that figure stands at roughly 150 per cent.

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