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IMF downgrades Canadian growth outlook to 1% for 2015
IMF downgrades Canadian growth outlook to 1% for 2015 Risks for the world include low commodities prices, China’s slowdown and rate hikes The IMF has downgraded its outlook for Canadian growth to one per cent this year because of the impact of lower oil and commodities prices. It also has revised its expectations for global […]
How Tories Dumped Your Interests at the Pump
How Tories Dumped Your Interests at the Pump Oil is cheaper by half. So why don’t feds try and deliver savings to drivers? Oil prices have plunged by 50 per cent since last year, but you would never know that looking at what people are paying at the pump. What gives? Don’t ask the Conservatives. […]
Newfoundland’s oil ripple effect: As prices fall, commuting workers stay home
Newfoundland’s oil ripple effect: As prices fall, commuting workers stay home The big paycheques from Alberta are drying up, and with them the economic good times It was a tell-tale sign when East Coast Catering of St. John’s laid off 44 workers in September. The company supplies meals and housekeeping services to Newfoundland’s offshore oil rigs, two […]
Canada’s Biggest Political Scandal You Never Heard Of
Canada’s Biggest Political Scandal You Never Heard Of Big oil, taxpayers’ millions, call girls and a ‘mechanic’ named Bruce Carson. It’s probably the biggest political scandal you’ve never heard of. The tale involves Big Oil, millions of taxpayer dollars, call girls and someone the RCMP describes as “one of the prime minister’s longest serving advisors”: […]
The Trans-Pacific Free-Trade Charade
The Trans-Pacific Free-Trade Charade As negotiators and ministers from the United States and 11 other Pacific Rim countries meet in Atlanta in an effort to finalize the details of the sweeping new Trans-Pacific Partnership (TPP), some sober analysis is warranted. The biggest regional trade and investment agreement in history is not what it seems. You will hear […]
U.S. jobs and global gloom may mean more mortgage relief: Don Pittis
U.S. jobs and global gloom may mean more mortgage relief: Don Pittis Interest rate hikes fade into the future as economic recovery appears to go flat It seems a terrible thing to cheer about, but a new feeling of gloom may be good for Canadians weighed down by mortgage debt. A worse-than-expected U.S. jobs report and increasing fears […]
Campaign cone of silence descends on Saudi Arabia arms deal: Neil Macdonald
Campaign cone of silence descends on Saudi Arabia arms deal: Neil Macdonald Warning: this article contains strong language and imagery The definition of a “campaign issue” is elusive. Generally, it has to do with the self-interest of politicians and the reporters who cover them. If the former think advancing a subject might mean more votes, they […]
Let Me Be Clear: Fact Checking Leaders on Foreign Policy
Let Me Be Clear: Fact Checking Leaders on Foreign Policy A civil debate, sure. But civility, it seems, doesn’t always encourage truthfulness. The fourth debate in this election “season” — a campaign as long as some places in Canada go without snow — was rather polite compared to the first two English debates. It was […]
Canadians piling up more garbage than ever before as disposables rule
Canadians piling up more garbage than ever before as disposables rule There’s a high price to pay for our love affair with products of convenience We like to think we’re behaving like model citizens, hauling our recycling to the curb and composting our banana peels. But the sad truth is, Canadians are piling up more household garbage […]
Will declines in U.S. and Canadian oil production lead to a global decline?
Will declines in U.S. and Canadian oil production lead to a global decline? At the beginning of this year I noted that all of the growth in world oil production* since 2005 has come from two countries: the United States and Canada. And, I suggested that since the growth in production in those two countries came […]
‘Media Is Our Last Line of Defence’: Mohamed Fahmy
‘Media Is Our Last Line of Defence’: Mohamed Fahmy Newly pardoned journalist Mohamed Fahmy has ”many thank yous” for fellow Canadians who stood by him through his 411-day imprisonment and two-year legal battle in Egypt. But though he’s grateful for the efforts of Canada’s ambassador and foreign minister on his behalf, the former Al Jazeera bureau chief […]
How Saudi Arabia, and a $15B armoured vehicle deal, became an election issue
How Saudi Arabia, and a $15B armoured vehicle deal, became an election issue Government says contract will create and sustain 3,000 jobs Niqabs, the economy, national unity — all issues that predictably came up in Thursday night’s French-language debate. But few had forecast that Canada’s relations with Saudi Arabia, and specifically, a multibillion-dollar contract to sell armoured vehicles […]
Oil sands pipelines now back on the election agenda
Oil sands pipelines now back on the election agenda Mulcair may have the most explaining to do in tonight’s French-language leaders’ debate So now we know. The woman who wants to be the next Democrat to occupy the White House has made a decision that the president she hopes to succeed hasn’t, or won’t. Hillary […]
Canada’s Retail Prices Jump the Most in “Over a Decade”
Canada’s Retail Prices Jump the Most in “Over a Decade” When Statistics Canada released its July retail sales report today, it dished out a few unwelcome surprises – and a bombshell. Among the surprises, based on what economists – though perhaps not average Canadians – had expected: Growth in retail sales was a measly 0.5% in July; […]
Famed Journalist Robert Fisk: Canada’s Moral Power Is Lost
Famed Journalist Robert Fisk: Canada’s Moral Power Is Lost Middle East sage on ISIS, refugees, Harper, ‘short-termism’ and more. A Tyee interview. Arguably the world’s most famous international war correspondent, Robert Fisk has been travelling to strife-ravaged regions of the world for over 30 years. His columns — he has been contributing to the British […]
