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Monthly Archives: April 2020
The long road to recovery, especially for Canada
Forced deleveraging and the oil crash are compounding the COVID-19 costs and hangover for Canada. Manulife chief economist Frances Donald explains it well in this clip. Canada’s economy is far more vulnerable to COVID-19 shock than the U.S.: Manulife’s Donald. … Continue reading
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TVO: The new age of billionaire philanthropy
This is an important and complex topic as we consider the financial challenges sweeping the world today. Flatter tax rates and less money influencing politics seem inevitable. Are billionaire philanthropists a powerful force for good in the world? Or key … Continue reading
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IMF sees worst year since the Great Depression
The IMF has declared the recession of 2020 the worst since the Great Depression, assuming that the virus goes away in the second half and the economy gets back to growth. This chart shows the IMF’s projections for the G7 … Continue reading
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