Canada's biggest banks accepted tens of billions in government funds during the recession, according to a report released today by the Canadian Centre for Policy Alternatives.
Canada's banking system is often lauded for being one of the world's safest. But an analysis by CCPA senior economist David Macdonald concluded that Canada's major lenders were in a far worse position during the downturn than previously believed.
Macdonald examined data provided by the Canada Mortgage and Housing...
On Dec. 15, the Governor-General gave royal assent to Bill C-18. This means that the Marketing Freedom for Grain Farmers Act, the legislation that ends the Wheat Board’s monopoly of wheat and barley sales, is now the law of Canada – or is it?
How the Debt-based Monetary System Functions in Canada
Written by Administrator
Monday, 14 June 2010 12:38
Presented by Connie Fogal, leader of the Canadian Action Party, at the Bromsgrove Conference in the UK in October
Recent figures from Statistics Canada and the Bank of Canada show that the total debt of all levels of Canadian government, individuals, and corporations is $2.27 trillion. Canada has a total money and near-money supply of 800 billion dollars. Therefore, the debt owing is three times the amount of money around with which to pay it off.
Canada: You Are Living A Massive Media Economic Lie
Written by Administrator
Wednesday, 31 March 2010 21:33
After an email conversation with Australian economist Steve Keen, I had the impression that he might be involved in this task force as well. He's got a good head on his shoulders. These are the questions he'll be pondering:
With the Bank of Canada's interest rate set at 0.25%, how is it that 1/3 of Canadians are
As Canadians, we are lucky to have a lot of things: our beautiful landscape; diverse culture; and in the face of a worldwide economic catastrophe, we are poised to come out of it better than most. But are we in for smooth sailing, or do we just have the best seat on the sinking Titanic?
Funding Public Health Care With a Publicly Owned Bank: How Canada Did It
Written by Administrator
Monday, 22 March 2010 20:37
Saturday 23 January 2010
by: Ellen Hodgson Brown J.D., t r u t h o u t | Feature
(Image: Jared Rodriguez / t r u t h o u t; Adapted: Jill Granberg, Alistair Howard)
The story goes that Churchill offered a woman 5 million pounds to sleep with him. She hedged and said they would have to discuss terms. Then he offered her 5 pounds. "Sir!" she said. "What sort of woman do you think I am?" "Madam," he replied, "we've already established...
BC stealth taxes piled on in 2010 March 15, 5:59 PMVancouver Nonpartisan ExaminerAdrian MacNair Previous Comment Subscribe Subscribe Get alerts when there is a new article from the Vancouver Nonpartisan Examiner. Read Examiner.com's terms of use. Email Address
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CALL TO CONSTITUTE WITHOUT DELAY A CANADIAN PARLIAMENTARY COMMISSION OF INQUIRY ON THE FINANCIAL CRI
Written by Administrator
Monday, 15 March 2010 09:47
Canada and the world are facing a crisis without precedent in modern history. We must relaunch the economy with rapid and massive injections of credit where the needs and potentials for development are to be found: energy, high speed rail, research, hospitals, education and indispensable consumer goods. The financial institutions, whose behaviour has led to the present situation are incapable of transmitting to the economy the advantages that the State has provided them with. Given such...
Canadians paid $170-million per day in 2008/09 in unnecessary interest on federal, provincial and municipal debt.The cost for 2009/10 and subsequent years will likely be higher.These costs are reflected in taxes, fees, cut-backs in public services such as education and medicare and deterioration of infrastructure such as roads, sewers, water lines and affordable housing.
Online Magazine – The Migration of Traditional Textual Media to the Internet
Written by Administrator
Saturday, 09 January 2010 17:36
November 5th, 2009
If you yourself are an ardent young author, inspired writer or maybe a small inspired business seeking to reveal innovative conjectures and impart some stamp upon the extreme world then traditional publishing can oftentimes be an unwelcome stumbling post to releasing your lovingly created words of love and wisdom out and about, into the marketplace. Take heed the downcast, there are also digital and clever online options offered that can often take the...
