For those of you who missed it, we just this week held our annual Canadian Business Outlook '09 event, which featured the prognostications of such top-notch Canadian economists as David Wolf (Merrill Lynch), Benjamin Tal (CIBC), Derek Burleton (TD) and Sherry Cooper (BMO).

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Cheng Siwei, the former vice-chair of the Standing Committee of the National People’s Congress, has long been an influential player in China’s now-three-decade-long process of economic reform.

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Re the coordinated rate 50 basis-point rate cuts by central banks this morning, including Canada's. Far be it from me to criticize central bankers, but my first response was "Holy Moley" and the second was "Oh that again..." Seems to me they have admitted that the situation is dire by ...

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The new financial bailout package U.S. Congress is reportedly poised to vote on provides some good insight into how Washington works.

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Hail to the U.S. House of Representatives, which voted down the US$700-billion government bailout package and added fuel to the Wall Street selloff today.

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The Ontario Securities Commission has followed the US Securities and Exchange Commission and the UK securities regulator and brought in a temporary ban on short-selling. Here's the release.

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Attended a fund-raiser last night here in Toronto and the main topic of conversation around the table was of course the bad news etc out of New York this week. Lehman filing for bankruptcy protection, AIG getting bailed out by the U.S. government, Merrill Lynch getting sold to Bank of ...

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So much bad news in the subprime story in the United States that it's hard to keep track of the players. But the continuing selloff in Lehman Bros. reminded me of some rather positive news stories on the century-plus-old NY investment bank not that long ago in real time—though it ...

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...even though the numbers are crummy. The GDP figures released by Statistics Canada last week were widely presented as a good news/bad news proposition in the media. On the one hand, the numbers stunk — the economy grew at an annualized rate of just 0.3% in the second quarter. But, on ...

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Anyone who's been following the Doha round at the World Trade Organization (even if that someone's only been following casually--and really who could take it full-time?) cannot even pretend to be surprised that yet again the trade talks have faltered.

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