Canadian economy

The depletion of tax revenue through profligate business bounties is a cunningly devised strategy, giving political leaders the excuse that they simply don't have the means to improve social services.

"Canada is never going to run out of oil, just like we never ran out of beavers." Alas, notes economist Jim Stanford, that doesn't mean there will always be a market for the stuff.

It's that exciting time of year when economists start making submissions to the federal Finance Committee about what they'd like to see in Budget 2018. What would a feminist budget look like?

CIBC is a major player in the region and has been linked to various tax avoidance schemes. Ottawa shaped post-independence Caribbean banking regulations.