Tepid GDP numbers released Tuesday by Statistics Canada confirm that Canada's economic recovery, such as it was, is sliding completely into the ditch.
No more stimulus, unless you are in the police or military.
One year after President Barack Obama secured passage of his critical economic stimulus package, the U.S. Senate is finally taking anther look at how to create jobs and repair the economy.
Since the global economic crash in the autumn of 2008, Canadians have been jolted by reports about where we are headed that are by turns pessimistic and optimistic.
Nothing was supposed to go wrong with capitalism after the global update. Version 2.0 was to correct the faults of the various national types of capitalism.
By proposing financial reforms that won’t curb Wall Street excess, U.S. policymakers have offered an unacceptably weak response to our enormous financial crisis.
On Friday, we learned that the U.S. unemployment rate officially broke 10% for the first time since the early Reagan years.
Right now, there's far more reason to panic about the economy than over a new flu. This recession emerged from a recent strain that's mutating, contagious and has no known cure.
President Barack Obama speaks of growth in positive terms, as does Premier Gordon Campbell and NDP Leader Carole James. Continuous economic growth, of course, is rooted in the fantasy of cornucopia.
Bloomberg News estimates $12.8 trillion as the amount of financial support already given by the U.S. authorities to its banking system -- where are the improvements?