
recession
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Weak loonie pads value of Ottawa’s stock in GM to $3.4B
Multi-billion-dollar taxpayer stake in GM could be used to help Conservative government live up to balanced budget promise
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CIBC predicts Alberta heading for mild recession this year
Bank predicts cuts in capital spending by big oil companies will mean at least two quarters of negative growth for province
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Ontario government sells remaining interest in GM for $1.1B
Sale comes six years after federal, Ontario governments provided about $10.6 billion in aid to automaker during recession
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Prentice considering sales tax; scoffs at Alberta recession talks
Alberta Premier Jim Prentice conceded provincial sales tax up for discussion as low oil prices continue hurt bottom line
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Lessons of 2008 financial crisis ignored as risky lending rises
The trend toward pre-crisis lending practices worries analysts who favour far-reaching reforms to safeguard the system
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G20 countries should mimic Canada’s stimulus model: Oliver
Canada’s finance minister urged Europeans to follow Canada’s recession-busting model to boost global GDP
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GM Canada denies ambushing dealers during 2009 downsizing
Lawyer for automaker said dealers who signed deal made decision “with their eyes wide open”
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Auto sales in U.S., Canada set to hit 7-year high, BMO says
North American auto sales set to surpass 18 million units for first time since 2007, according to BMO
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Canadian manufacturers reshoring as growth prospects rise
New report found fewer manufacturers planned to outsource production, instead focusing on growth at home
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Ex-BoC Chief Carney blasted for hands-off fiscal policy that traded factories for condos
Current Bank of Canada head Stephen Poloz speculated that Canada’s difficulties returning to pre-recession export levels is there are about 9,000 fewer Canadian exporting companies than in 2008