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politics
Ottawa underestimating risk of 2023 recession, prolonged high interest rates: former BoC governor David Dodge
Outgoing Bank of Canada Governor David Dodge answers questions during a interview at the Bank of Canada headquarters in Ottawa, Wednesday, Dec. 12, 2007. Former Bank of Canada governor David Dodge says Canada must shift its attention to investing for economic growth as the world recovers from the COVID-19 pandemic downturn over the next few years. THE CANADIAN PRESS/Sean Kilpatrick
report on business
Bipartisan U.S. lawmakers preparing plan to avert debt-ceiling crisis
A general view of the U.S. Treasury building in Washington, U.S. January 19, 2023. REUTERS/Jonathan Ernst
world
Biden pledges to discuss U.S. debt with House leader
FILE - The chamber of the House of Representatives is seen at the Capitol in Washington, Feb. 28, 2022. President Joe Biden plans to deliver his second State of the Union address on Feb. 7. That was the date proposed by House Speaker Kevin McCarthy in his invitation to Biden on Friday to address a joint session of Congress. It will be Biden’s first address to a divided Congress after Republicans took control of the House this month. (AP Photo/J. Scott Applewhite, File)
u.s. politics
Trump warns U.S. House Republicans not to touch Social Security, Medicare
FILE - Former President Donald Trump announces he is running for president for the third time as he smiles while speaking at Mar-a-Lago in Palm Beach, Fla., Nov. 15, 2022. A Florida Judge sanctioned Trump and one of his attorneys Thursday, Jan. 19, ordering them to pay nearly $1 million for filing what he said was a bogus lawsuit against Trump's 2016 rival Hillary Clinton and others. (AP Photo/Andrew Harnik, File)
u.s. business
U.S. Treasury Department buys time for Biden and Republicans on debt limit deal
Light shines from the U.S. Capitol dome on Capitol Hill in Washington, Tuesday, Jan. 10, 2023. (AP Photo/Patrick Semansky)
u.s. politics
House Oversight Committee chair urges spending cuts to avoid U.S. debt default
WASHINGTON, DC - JANUARY 10: Chairman of the House Oversight Committee Rep. James Comer (R-KY) speaks to reporters on his way to a closed-door GOP caucus meeting at the U.S. Capitol January 10, 2023 in Washington, DC. House Republicans passed their first bill of the 118th Congress on Monday night, voting along party lines to cut $71 billion from the Internal Revenue Service, which Senate Democrats said they would not take up. (Photo by Drew Angerer/Getty Images)
opinion
The House Speaker vote foreshadows a nastier fight on the U.S. debt limit
Konrad Yakabuski
canada
Toronto’s projected budget shortfall is $1.4-billion
The updated TTC streetcars are seen on Dundas Street West in Toronto on February 10, 2021. Aaron Vincent Elkaim / The Globe and Mail
world
Kevin McCarthy’s next big task: Win GOP support for House rules
Rep. Kevin McCarthy, R-Calif., reacts after winning the 15th vote in the House chamber as the House enters the fifth day trying to elect a speaker and convene the 118th Congress in Washington, early Saturday, Jan. 7, 2023. (AP Photo/Alex Brandon)
u.s. politics
Biden signs US$1.7-trillion bill funding government operations
u.s. politics
U.S. House passes $1.7-trillion spending bill with Ukraine aid, disaster relief
u.s. politics
U.S. Senate passes $1.7-trillion bill to fund government, aid Ukraine
canada
Nova Scotia’s robust economy and growing population help boost government revenue
international business
Global debt well above pre-pandemic levels despite steep 2021 drop, IMF says
personal finance
Tips for how to budget for the first time amid soaring inflation
canada
Toronto presses for bailout from province, Ottawa to meet $700-million budget shortfall
alberta
Alberta forecasts $12.3-billion surplus in fiscal update, as record-high oil and gas prices continue to bolster books
canada
Ford announces one-year extension to gas and fuel tax cut in Ontario
opinion
The British government cannot win with next week’s budget – the economy is too far gone
Eric Reguly
Eric Reguly
politics
Business Council urges Chrystia Freeland to deliver early budget, clarify tax measures in fall update
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