Bearish on Canada: foreign analysts maintain their skeptical stand

Article Abstract:

International financial traders gave a lukewarm response to Canada's new budget-cutting measures. Most foreign investors feel the cuts should have been larger, and they remain cautious about Canada's financial future. Although Canada's growth rate is up, its bond rating may be degraded.

Evaluation, Foreign investments, Cover Story, Government securities, International finance

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Sugar bowls and gruel: now that fiscal responsibility is in fashion, governments are trying to cram it all into one term

Article Abstract:

The Canadian federal government and several provinces including Ontario and even Quebec have introduced budgets that make harsh cuts in government spending. The voters are so enamored of fiscal austerity that Ontario's proposal to make tax cuts was met with only tepid support.

Economic aspects, Column, Budget, Budgeting, Budgets, Ontario, Quebec

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On to the tough sell

Article Abstract:

Some Canadians attribute the loss of 461,000 manufacturing jobs since 1989 and high unemployment to the effects of the North American Free Trade Agreement. Prime Minister Brian Mulroney is trying to convince businesses and employees of the benefits of the trade treaty.

Analysis, International economic relations, Mulroney, Brian

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