Beyond the referendum: speculators are betting that Canada is headed for economic trouble if it votes yes or no
Article Abstract:
The results of a constitutional referendum vote in Canada will not affect the economy, which is already weak. Foreign investors are withdrawing their money from the country to help bolster their home economies and in response to a downgrading of Canada's bonds due to high debt.
Publication Name: Maclean's
Subject: News, opinion and commentary
ISSN: 0024-9262
Year: 1992
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Continental divide: the EC stumbles on the path to unity
Article Abstract:
Germany lowered its interest rates in response to criticism about the effect high rates had on other countries. The currency crisis in Europe and other nations that resulted was viewed as a sign of weakness for the EC and the global economy.
Publication Name: Maclean's
Subject: News, opinion and commentary
ISSN: 0024-9262
Year: 1992
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Steering dead ahead: changes now might backfire later
Article Abstract:
Public spending cutbacks are needed to effect short-term and long-term economic problems in Canada. Spending money during a recession will add more debt to already strapped economies.
Publication Name: Maclean's
Subject: News, opinion and commentary
ISSN: 0024-9262
Year: 1992
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