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Corporations are different from other business entities because they attract capital investment by socializing a portion of shareholder risk. Investors are keenly aware that their investment returns are proportional to their investment risk, so their investment strategy aims at reducing risk while maintaining returns.
OTTAWA—Monetary policy with zero or close-to-zero interest rates are not enough to pull the national and global economies out of the current recession, says a report released today by the Canadian Centre for Policy Alternatives. “The overall solution to the current global economic crisis will require much more than traditional monetary stimulus,” says co-author Doug Peters, former Secretary of State (Finance) and former TD Bank Chief Economist.
TORONTO – Without government action, the lack of adequate income security programs could plunge Ontarians suffering the worst of the current recession into dire straits, says a report by the Canadian Centre for Policy Alternatives (CCPA). Silence of the Lines: Poverty Reduction Strategies and the Crash of 2008 shows how the economic downturn is already worse than the Great Depression but predicts different results for Ontarians who end up down on their luck.