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11Sep 09

How To Save And Spend To Boost The Economy

For as long as the recession has lasted, there has been advice doled out by seemingly everyone to overcome it. While some insist that it is important to save money, others believe that spending will, in turn, boost the local economy. What to do? Today, Brenda Bouw of The Canadian Press explores this conundrum that she says economists call "the…

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10Sep 09

National Debt Worse Than Expected

Today, the Canadian economy took centre stage and made headline news with the announcement of the country's deficit being worse than expected this year. As reported by Ottawa Bureau's Les Whittington, a total of $101 billion between this and next year make up the anticipated national debt. With flashbulbs going off and a cluster of microphones in his face, Finance…

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09Sep 09

Loonie Approaching U.S. Dollar Value

What was it? A year ago? Two? It wasn't all that long ago when the Canadian dollar had amazingly topped the U.S. Dollar in value in what was, for many, a shocking occurrence. Sure, it only lasted maybe a few days – or was it a whole week? - but the satisfaction of knowing that our loonie was somehow worth…

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