This dire forecast may be overly pessimistic. Unfortunately, it's consistent with the continuing history of market economics blocking most attempts at increasing social-economic planning.
Indigenous leaders and climate advocates say they were met with the “highest insult” Wednesday as security guards turned them away from the main room of RBC's annual shareholder meeting in Saskatoon.
The federal government is banking on tax breaks for companies — to the tune of more than $80 billion — to usher Canada into a low-carbon economy, Tuesday’s budget announcements show.
Corporate tax breaks are the future of Canadian climate policy, according to the latest federal budget, which commits $80 billion over the next decade — of which $56 billion is new money — to subsidies for clean investments.
This Is Not a Repeat of the 2008 Financial Crisis, But It Is the Same Capitalist Rot
Since 2008, governments and central banks have been trying to prop up the banks through a combination of socialism for the banks, and austerity for everyone else. The result is what we see today.
Every systemic banking crisis has a trigger that sets it off. In the case of SVB, the reason for its bankruptcy is twofold.