The old-style auto industry is on a highway to hell, and it's taking us down with it, one way or another.
The Media Consortium
In this week's Audit, we highlight the effects of progressive media's demands for economic justice on policymakers and social awareness, with a particular focus on the AIG bonus scandal.
Taxpayers' bailout money for AIG bonuses has rightfully provoked a massive backlash against AIG, Wall Street, President Barack Obama and his economic advisers.
A look beyond the numbers of the financial crisis at the human impact in an industrial Canadian town.
Obama's decision to tax the well-to-do is no doubt creating nervousness among Canada's financial elite.
The tar and Canada's line in the sands have exploded this week in an uncanny combination of hugely high-profile political and economic events on both sides of the border.
All this financial doom and gloom puts in context the personal investing culture that has dominated our pension planning for a quarter of a century.
Economic life is likely to get worse in Canada, and elsewhere before it gets better. The hidden question is what does better mean?
Canwest, Torstar, Quebecor and CTVglobemedia have cut over thousands of jobs in the past three months, on top of deep cuts made last year, and there is no end in sight.
On my planet, the last thing you want during a recession is to create policies that leave more Canadians in personal debt and fewer low-income earners getting educated and retrained.