With the direction of the global economy still unclear, we've enlisted in-house experts to answer questions about the future of the energy sector, the Asian markets and, of course, Canada's ability to bounce back. Read More

The point of a stimulus package is to deliver maximum bang on scarce bucks, as soon as possible. You want people who receive stimulus to spend the money in the real economy. There are choices, some better than others, but all subjective. In any case, it appears the Keynesian demand-side management policies that characterized the New Deal may be making a 21st century comeback. Read More

The point of a stimulus package is to deliver maximum bang on scarce bucks, as soon as possible. You want people who receive stimulus to spend the money in the real economy. There are choices, some better than others, but all subjective. In any case, it appears the Keynesian demand-side management policies that characterized the New Deal may be making a 21st century comeback. Read More

The global financial system is now a mess, and sorting through it will take quite some time. But we can gain a clearer view by examining the behavior of the London Interbank Offered Rate (LIBOR) and TED spread. Read More

Our journey through New World 3.0 begins right at home this week, the central point from which the global financial earthquake diffused its violent tremors. Read More

Our journey through New World 3.0 begins right at home this week, the central point from which the global financial earthquake diffused its violent tremors. A Wall Street chasm has swallowed up Lehman Brothers (NYSE: LEH), Merrill Lynch (NYSE: MER) and American International Group (NYSE: AIG). And as of this writing, Morgan Stanley (NYSE: MS) is deep in talks with China’s government about selling another stake in the company. Singapore Investment Corp (GIC), the world’s second-biggest sovereign wealth fund (SWF), said it would consider Morgan Stanley if approached; the guess here is GIC might be more assertive in a hunt for Goldman Sachs (NYSE: GS). Read More

Our journey through New World 3.0 begins right at home this week, the central point from which the global financial earthquake diffused its violent tremors. A Wall Street chasm has swallowed up Lehman Brothers (NYSE: LEH), Merrill Lynch (NYSE: MER) and American International Group (NYSE: AIG). And as of this writing, Morgan Stanley (NYSE: MS) is deep in talks with China’s government about selling another stake in the company. Singapore Investment Corp (GIC), the world’s second-biggest sovereign wealth fund (SWF), said it would consider Morgan Stanley if approached; the guess here is GIC might be more assertive in a hunt for Goldman Sachs (NYSE: GS). Read More

The now year-old credit crunch has certainly stress tested the Canadian banks. But Canada’s banks now boast some of the highest valuations among Western financial services stocks, meaning they have solid currency--their stock--to use for acquisitions. As a group, the Big Six Canadian banks have a chance to emerge from the credit crunch as bigger, more global players. Read More

Canada's telecom industry is making waves, and there's still plenty of room for growth in this already mature market. And its ability to bounce back has kept wireless carriers and cable operators north of the border from any serious downturns during economic weakness in the US. Read More