Debt

Canada’s immunity to risk debated

As the world economy stares into the abyss, the path to recovery seems long and painful. And as a massive flight to safety continues among nervous investors, many of the world's developed economies face a bumpy ride ahead.

By Staff |September 28, 2011

1 min read

Europe faces “horrifying choices”

The outcome of the European debt crisis is “genuinely unpredictable” with politicians facing “horrifying” choices, according to Martin Wolf, associate editor of the Financial Times, who spoke in Ottawa Monday at an event organized by Canada 2020.

By Doug Watt |September 27, 2011

3 min read

Fed move tanks European markets

Plans announced yesterday by the Federal Reserve to purchase more long-term U.S. debt was translated by worldwide financial markets to mean America’s economic malaise won’t ease any time soon. European markets tanked shortly after opening.

By Staff |September 22, 2011

1 min read

Greece teeters on default

With Greece on the edge of default, president Obama has drawn a hard line on deficit reduction, aimed at mimicking the tactics of his GOP counterparts.

By Staff |September 20, 2011

1 min read