In a development that reportedly took even President Obama's aides by surprise, the United States' new cap and trade bill has narrowly passed the House of Representatives in Congress. The bill, known as Waxman-Markey, passed by 219 to 212, with 44 Democrats, mostly from coal-producing and industrial manufacturing states in ...

Canadians rejoice! The U.S. banks' stress tests are over, the  results are in. And though U.S. bank finances remain, erm, stressed—to the tune of US$75 billion—the wacky math of the new economy means the stressed banks are apparently not quite as stressed as everyone feared. (Most stressed: Bank of America, ...

Robert Page had his work cut out for him today. The Calgary, AB-based chair of Canada's National Roundtable on the Environment and the Economy was fielding a packed morning's worth of media from all across the country.

Van Jones is a powerhouse. There's no other way to describe him. The one-time community-activist has taken his poverty- and pollution-busting agenda all the way from the nonprofit he founded in Oakland CA to the White House. As of the past four weeks, Jones is the special advisor on green ...

Francisco Barrio, the new Mexican Ambassador to Canada, stopped by the Canadian Business offices yesterday to chat with a group of CB editors and writers. A former governor of Chihuahua, Barrio also served as secretary of Comptrollership and Administrative Development in the cabinet of the former Mexican president Vicente Fox, ...

Economists at CIBC have just released an interesting report on Canada’s trade balance, which plummeted in December to a large $5 billion deficit from a massive $14 billion surplus. This is the worst reading on the national trade balance since 1976. The take of CIBC economists is that what we’re seeing ...

For the second time this year, Canadian Business Magazine has issued our proprietary ranking of 30 OECD countries. The ranking examined 49 individual indicators for each country and grouped these into 12 categories. This year, Canada's ranking increased by four positions to 7th place, a greater rise than any other ...

Do we need to worry about Chinese investment in Canada’s mining industry? I don’t believe we do, and neither does the Mining Association of Canada, according to this article.