Saturday, October 18, 2008

The financial crisis

The financial crisisClouds threaten stormy weather above the skyline of London's financial district, seen behind Waterloo Bridge, during the evening rush hour on Oct. 16.(Toby Melville/Reuters)

Belt-tightening ahead, Ontario finance minister says

Oct. 16: Ontario Finance Minister Dwight Duncan said the government is going to have to tighten its belt because of the slowing economy and the financial crisis gripping the world.

Switzerland pumping money into its banking system

Oct. 16: Switzerland followed the lead of other European countries and the United States by announcing it would support its banking system with billions of dollars.

The financial crisisPrime Minister Stephen Harper announced his plan to deal with the financial crisis on Oct. 15, the day after he was re-elected.(Jonathan Hayward/Canadian Press)

Harper delivers 6-point plan for economy after election win

Oct. 15: Prime Minister Stephen Harper announced plan to deal with the stormy financial waters threatening Canada's economy.

No quick fix for U.S. economy, top officials say

Oct. 15: The U.S. economy won't bounce back quickly even if confidence in the financial system returns and jittery markets finally calm down: U.S. Federal Reserve chairman Ben Bernanke

Map: Global reach of the credit crisis

Oct. 14: When Wall Street sneezes, other markets catch a cold. Here are some of the global ripple effects of the U.S. financial meltdown.

British PM announces $75B bank bailout package

Oct. 13: The British government will inject nearly $75 billion into three of the country's largest banks to protect the institutions from collapse.

Duncan Stewart: Are the 'cures' making the financial system sicker?

Oct. 10: To put it bluntly, today's global stock markets and financial systems are very sick. So sick they need medical attention.

Could the credit crunch kill green energy?

Oct. 10: Worry is growing that the nascent industry could be choked off just as it is starting to take off.

Your Money: Financial Advice

Oct. 9: Managing your investments in tough economic times

Iceland takes control of 3rd bank

Oct. 9: Iceland's government has taken control of the country's largest bank as it struggles to prevent a collapse in its entire banking system.

Clearwater postpones buyback as Icelandic bank collapses

Oct. 8: Bank failure forces Nova Scotia seafood giant Clearwater Fine Foods to delay a buyback of publicly traded units in its income fund.



  • David Walker: Debt could ’sink our ship’
  • Belt-tightening ahead, Ontario finance minister says
  • Wet harvest adds to cattle farmers’ woes
  • Canada positioned to weather global crisis: Flaherty
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