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Ontario in decline: From Canada's economic engine to clunker |
 Paul Vieira, Financial Post Published: Friday, March 20, 2009
A month before Dalton McGuinty, the Liberal Ontario Premier, hit the election trail in the fall of 2007 to seek a second mandate, an ominous warning sign of the province's crumbling economic stature emerged that should have provided fodder for the campaign.
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Economic recession: Name that downturn |
Reset? Depression? The current economic slump is in need of a snappy name.
By Sean Silcoff
 We know the current economic slump is shaping up to be the worst since the Great Depression, so doesn’t it deserve its own snappy name? Dana Love, a vice-president at fund management company Invesco Trimark and lead manager of its Trimark Fund, told a forum in January that fund managers are referring to the downturn as a “reset.”
He’s on the right track, but this idea needs a bit of flourish. After all, we’re talking about an unprecedented economic period.
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Plea by PM at talks on oil price |
Gordon Brown has called for a "new deal" on energy at talks in Saudi Arabia on the high price of oil.
The prime minister wants oil producers to invest in a £100bn drive towards long-term energy projects in Britain, such as wind farms and nuclear power.
At the Jeddah Energy Meeting, Mr Brown also pressed for an increase in oil production to help bring down prices.
The Conservatives said Mr Brown did not understand the oil market. The Lib Dems accused him of a "futile gesture"...
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Saudi oil price summit under way |
 A crucial meeting of oil producing and consuming nations to discuss soaring prices is under way in Saudi Arabia.The US and other consumers have urged producers to boost supply, blaming lack of capacity for the recent price surge. Top world supplier Saudi Arabia has made slight increases but says market speculation, not lack of supply, has driven prices to nearly $140 a barrel. Several nations have faced protests as rising fuel costs have hit industries and helped push up food prices. |
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Students: Customers or learners? |
 Should university students be seen as learners or customers? While you might argue they are both, the dividing line... between the two has become dangerously blurred. This was underlined by two news stories this week. First there was the allegation from a senior academic that league tables have put universities under pressure to mark too leniently and to overlook plagiarism. Second there was the whistleblower who claimed that degrees are being awarded to overseas students who lacked basic English language skills because of the lucrative nature of the foreign student market. |
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