Note: This is relevant to this Comm because American military power effects American global economic power...which should be obvious.

( Can a debt-ridden U.S. still afford to pick up the cheque? )

http://www.crackshackormansion.com

From HuffPoGideon Pine ( Read more... )

Canadian Press:

Forecaster estimates Canadian unemployment
will peak at 9.5 per cent in 2010The Conference Board of Canada laid out a grim outlook for employment for this year and next on Monday, saying the Canadian economy fell "off a cliff" in the first three months of this year ( Read more... )

Such is the conclusion of those who now recognize G.D.I., or Gross Domestic Income, as a better indicator of recessions than G.D.P., or Gross Domestic Product. G.D.P., which has been used for decades, and was until recently heralded as the most comprehensive view of a nation's relative economic health or weakness, may be falling out of favor, and ( Read more... )

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From The Rick Mercer Report.

Metronews.caShort, deep recession? Canada should be so lucky: economistsThe Bank of Canada has been darkening its outlook on just how deep a hole the economy is digging for itself. Now some economists are saying the central bank will soon have to concede it's going to take a lot longer to climb out of the pit ( Read more... )

Statistics CanadaLatest release from the Labour Force Survey

( Read more... )

Canada, barely avoiding technical recession all year, is being dragged under by the weight of the global downturn, especially now as its most populous province, Ontario, is actually set to enter its second year of contraction in 2009 ( Read more... )