Posts Tagged ‘recession’

The hits just keep on coming for Alberta. Falling oil prices could now send the province into a recession this year, according to the latest forecast from the Conference Board of Canada. Despite the protestations of Premier Jim Prentice, other similar predictions are sure to follow given the spate of bad news for Alberta that [...]

Share

The more you hear about the extraordinary efforts that governments around the world are taking to promote economic growth, the less confident you can be in the result. With the clock ticking on a Greek default, members of the European Monetary Union are considering sweetening their bail out pot for a second time since the [...]

Share

Like many in the White House before him, President Barack Obama charted out a plan last week to reduce America’s dependence on foreign oil. And like his predecessors, his road map to cut U.S. oil imports by one-third over the next decade comes against the backdrop of sharply rising oil prices and supply disruptions from [...]

Share