Peak Oil Crisis due in 2014

New studies show that peak oil is due in 2014. Kuwaiti scientists have updated oil predictions previously based on the famous Hubbert model, which had correctly predicted in 1956 that U.S. oil reserves would peak within 20 years. The new multicycle Hubbert...

Canadian recovery slower than the US; job market better in comparison

It was expected that Canada would turnaround to growth during the third Share

Global Financial Crisis – The Road to the Pittsburgh Summit

It may surprise readers to learn that this World Economic Outlook sees global economic risks as having declined since our last issue in September 2006. Certainly this is at odds with many recent newspaper headlines and commentary, which have focused on...

Slow Wireless growth pulls back BCE profit by 4.2%

The largest Canadian phone company, BEC Inc. has reported a fall in its second Share

World recession easing, sluggish recovery in sight, says IMF

The world is starting to pull out of its first recession since World War II, said the International Monetary Fund in its latest report released Wednesday. According to the latest report, the global economy was already stabilizing, the financial crisis...

Swine flu worsens already dire global economic crisis

Many officials fear that the outbreak could be on the verge of a global pandemic Share

Recession boosts internet crime by 33 per cent

Crimes on the internet increased by 33 per cent in 2008 Share