international monetary fund

Canada has 'tools to deal with new recession'

Country will take a battering if the world tanks, but it has strong companies, a working banking system and a sound fiscal position, says governor of central bank.

Dominique Strauss-Kahn sex assault charges to be dropped

Prosecuters formally asked a New York judge to dismiss a sexual assault case against former IMF director Dominique Strauss-Kahn, saying they were "no longer convinced of the defendant's guilt...

Harper uses Greece trip to teach political lesson to his government and theirs

ATHENS -- Prime Minister Stephen Harper brought a message from Canadian politics to his Greek counterpart Saturday. He said that sometimes, a government needs to act even if the opposition doesn't...

Ottawa's fiscal books continue to improve, deficit lower than expected

OTTAWA -- The federal deficit for the year just finished will come in lower than the $40.5 billion predicted in March's budget, Ottawa says. Just how much lower won't be known for sure until the fall...

Canada doesn't have to be a "productivity laggard"

The seminal economic issue of our age is our national productivity. Nothing has a greater impact on our standard of living and quality of life. Yet political leaders don’t talk about it because they...