The Globe and Mail Mostafa Askari, Sahir Khan and Kevin Page Contributed to The Globe and Mail Published February 28, 2021 Bookmark Please log in to listen to this story. Also available in French and Mandarin. Log In Create Free Account
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Adrian Wyld/The Canadian Press
Mostafa Askari, Sahir Khan and Kevin Page
Institute of Fiscal Studies and Democracy, University of Ottawa
It is almost two years since the federal government presented a full budget plan. The coming budget will be prepared in a difficult economic and fiscal context. The Finance Minister has indicated that this could be one of the most important budgets of our lifetimes. Even with the new vaccines coming onstream it is not certain when the economy can return to normal. All governments have raised their spending to unprecedented levels, leading to a much higher risk of a de
The Hidden Truth About Wealth Creation this post authored by Keith Calder
The monetary system is all about aggregates. This doesn’t fit in very well with an ideology based on individualism. The problem is solved by mainstream economists having no idea how the monetary system actually works.
Bankers make money by shifting their debt products. To maximise profit they need to shift as many as possible.
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On a
BBC documentary, comparing 1929 to 2008, it was said the last time US bankers made as much money as they did before 2008 was in the 1920s.
While it remains the state with the highest proportion of loans subject to deferral, Victoria is closing in on the other states and territories, APRA data has shown.
A personal insolvency application made by a Donegal beef farmer relating to borrowings of more than €780,000 owed to Pepper Finance Ireland has been dismissed by the Circuit Court.
At a sitting of Monaghan Circuit Court last week, Judge Verona Lambe dismissed the personal insolvency application made by the Donegal farmer, stating that he was not insolvent as he had farm assets of more than €1.85m which could be realised to repay the debts.
As part of the personal insolvency application, the farmer sought an extended restructure of his debts of more than €780,000 and offered to repay the borrowings over a 32-year period via monthly instalments of just over €2,800.