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Business Observer
Euro zone leaders have agreed on how to resolve debt crises from 2013, but failed to reassure markets about what they will do in the short-term, sticking to what the IMF has called a piecemeal approach to the crisis.
At a two-day summit, leaders agreed on a change to the EU treaty to create the European Stability Mechanism (ESM) – a permanent financial safety net from 2013 – that will help countries with liquidity problems and allow for debt restructuring of insolvent ones.
Business
Montreal-based Air Canada recently posted one of the best
operating profits for the third quarter in its history, withstanding
the onslaught of Calgary's WestJet Airlines Ltd. and the general
economic uncertainty.
There's a lot of talk these days about the demographic time
bomb ticking away in societies, developed and emerging, all over the
world.
Columnists
PETER HADEKEL
Flaherty is on the mark with taxes
Finance Minister Jim Flaherty is rightly sticking to a plan to cut corporate taxes in January, despite threats from opposition parties to bring down the minority Conservative government.
More Business Observer
Money is being created faster than real wealth
Financial experts claim the markets are "defying the Fed," meaning that U.S. central bank chief Ben Bernanke's bond-buying and money-printing strategy (called "quantitative easing II or QE2) has caused interest rates to go up, not down. The reason? When anticipated inflation is added to a central bank's intended low rate target, the combined total goes up, not down.
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Working with people inspires CEO
Desjardins Group is on a roll. Last week, it was selected Canadian bank of the year by the British magazine The Banker, the first time a Canadian cooperative financial institution has been named.
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Cereal entrepreneur
As Andrea Courey describes it, she went into business the hard way, motivated by desperation. She tells her story below. You can follow further adventures in her life as an entrepreneur in Your Business, a new web page to be launched this week.
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Buy a Montreal condo, save a life?
I've seen all kinds of marketing campaigns, but, "Buy a condo, help save a life"?
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Productivity gains are good for what ails us
Quebec is narrowing its "prosperity gap" with Ontario, the Ontario Task Force on Competitiveness, Productivity and Economic Progress says in its latest report. But it cautions against reading too much into that.
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Condo boom illustrates a market out of whack
Today’s residential real-estate development industry is composed of magic, logic and Excel.
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It's party time in Pudong
Proud people from all over China make a trip that wasn't possible a generation ago to see the unprecedented growth in Shanghai.
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Observer Extra
Commodity currencies ripe for selloff by year-end
Commodity-linked currencies will be vulnerable to a sell-off as concerns about...
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Following Zoellick down the rabbit hole
World Bank President Robert Zoellick has lent a certain Alice in Wonderland...
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Abandoned Canadian mine a lesson for rare earth investors
Rows of moss-covered concrete bricks block the opening of the Monmouth rare...
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Legal Corner
For one legal officer, darkest hour was just before dawn
The darkest hour for Jacques Vachon, chief legal officer of Montrealbased...
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Law firms use You Tube to show off services, specialties
Law firms are increasingly resorting to social media such as You Tube to ...
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alisonmacgregor
Memo to Amazon.ca: street and ice hockey are not the same thing
Canadian Tire needn’t worry about Amazon.ca gaining a foothold in the lucrative Canadian ice...
Inc. InkJay Bryan
Rate hikes won't hurt many homeowners
The annual report of the group that represents mortgage lenders and brokers contains powerful arguments...
Inc. InkJason Magder
How hackers cracked into GSM phones
I've written two articles so far about the vulnerabilities of cellular phone networks (here and...
TechnoCitéReader's Forum
Re: Gas prices
There have been many recent articles about the closing of the Shell refinery in the east end of Montreal.
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