Browse "Business & Economics"

The global financial crisis that began in 2007 dragged much of the world economy into recession, and Canada was not spared. Although the effects on Canada were milder than on the United States and in Europe, the Canadian recession of 2008–09 was still severe enough to generate sharp declines in output and employment and to require significant responses by Canadian policy-makers.

The Winnipeg General Strike of 1919 was the largest strike in Canadian history. Between 15 May and 25 June 1919, more than 30,000 workers left their jobs. Factories, shops, transit and city services shut down. The strike resulted in arrests, injuries and the deaths of two protestors. It did not immediately succeed in empowering workers and improving job conditions. But the strike did help unite the working class in Canada. Some of its participants helped establish what is now the New Democratic Party.

The CAPE BRETON labour wars of the early 1920s represented an intense local episode of class conflict similar to the WINNIPEG GENERAL STRIKE (1919).

In late October of 1929, terror seized the stock exchanges of North America. Capitalism’s speculative party, with its galloping share prices and its celebrity millionaires, came to an abrupt stop. The Great Crash, it was called, and it was followed by the Great Depression.

The Windsor Ford Strike was a 99-day strike from 12 September to 19 December 1945 by 11,000 employees of the Windsor, Ontario, Ford Motor Company plant. Some 8,000 auto workers from other plants also participated. The Ford workers, who were led by the United Automobile Workers of Canada (UAW), demanded recognition of their union by Ford and mandatory membership for all plant workers. The strike was ultimately resolved through binding arbitration under Supreme Court Justice Ivan C. Rand and resulted in the widely used Rand Formula.

The Pipeline Debate, 8 May-6 June 1956, was one of the most famous confrontations in Canadian parliamentary history.

A few minutes before Finance Minister Paul Martin was to deliver his budget speech in the House of Commons last week, he and Prime Minister Jean Chrétien met in Chrétien's second-floor office on Parliament Hill along with Martin's wife, Sheila, and Aline Chrétien.

If Martin has his way, there will be one more budget - if only because he could then announce the virtual elimination of the federal deficit by the turn of the century.

There were still three weeks remaining before budget day when Finance Minister Paul Martin sat down one afternoon for a strategy session in his fifth-floor office in the Centre Block of the Parliament Buildings.

"I wasn't sure if he was running for leader of the party or president of Cuba," one Liberal backbencher whispered as Finance Minister Paul Martin wrapped up his one-hour, 20-minute budget speech to Parliament last week.

By any standard it was a meaty budget. On taxes, Finance Minister Paul Martin's first fiscal plan for the new century laid the table for five years of gradual cuts to corporate and personal rates.

YOU COULDN'T BLAME John Manley for not seeing it coming. He rises in the House of Commons making like a department-store Santa handing out goodies like there's no tomorrow - yet everybody's mad at him.

Canadair CL-215, unique amphibious aircraft designed to fight forest fires with water bombing and chemical fire retardants. It can scoop up a load of over 5000 litres of water in 10 seconds while skimming over a body of water, and jettison it over a fire in less than 1 second.

Canadair CL-28 Argus, long-range maritime patrol plane built in Canada. Based on the Bristol Britannia, a British passenger aircraft, it carried an operational crew of 15, and was equipped with sophisticated radar and

Necessary downsizing or corporate greed? Canadian National Railway Co.’s announcement last week of plans to slash 3,000 jobs quickly prompted those diametrically opposed views. CN executives said the cuts were required to make the company more competitive.

It was a sight to behold: men and women who have dumped all over the province's public electrical utility from the dawn of political time, running in rhetorical circles in an effort to persuade worried voters and nervous consumers that Ontario Hydro's decision to write $6.

De Havilland Dash 7, DHC-7, STOL aircraft designed for efficient transport from city centres. It first flew March 1975 after a long development costing $120 million, four-fifths of which was paid by the federal government. Its

You can tell a lot about Bill Gates' state of mind from the way he dresses. Much of the time, the chairman of Microsoft Corp. looks as though he's just rolled out of bed - his clothes are casual and rumpled, his hair is uncombed and his shoulders are speckled with dandruff.

A. Cox & Co. Toronto music store and publishing firm, established by Arthur Cox and operated ca 1892 to ca 1931. Cox specialized in cheap editions of popular music.

A. & S. Nordheimer Co (after ca 1898 the Nordheimer Piano & Music Co). Music dealers and publishers, piano dealers and later manufacturers, active in Kingston, Canada West (now Ont), 1842-4 and in Toronto 1844-1927.