Tag: Canada

Canada, Economy, US3 Comments

Consumer mindsets in North America have shifted permanently with regard to finances

Colin Henderson

After my last post, I thought it better to follow up with some facts to support my contention that this economic recovery is L shaped in Canada and US.  This is not meant to be an economic projection, and I leave that to the professional economists.  However in terms of planning, banks ought to consider the high probability of a scenario where the reduction in economic activity will level off but hardly see growth in the near future.  This will be driven by consumer confidence and frankly their financial circumstances. If we go back to the root cause of the … Continue reading Consumer mindsets in North America have shifted permanently with regard to finances

Uncategorized

Canada and India develop regulation proposals for G20

Colin Henderson

Deep in the Harper transcript this little gem indicating Canada and India have been working on the framework of a proposal for the G20 to consider on financial regulation. Transcript: Stephen Harper interview As you know, Canada has co-chaired with India the working group on future financial regulatory reform. We have a very good report which I think will gain consensus. Essentially, we did come down on that one in kind of a middle-ground position we hope will get the support of both the United States and Europeans and others. And that is, that we actually think it is important … Continue reading Canada and India develop regulation proposals for G20

Uncategorized

For the record – State Leader interviews before G20 – Financial TImes

Colin Henderson

Transcript: FT interview with Manmohan Singh – India Transcript: Stephen Harper interview – Canada Transcript: FT interview with Lee Myung-bak – South Korea Transcript: FT Interview with Sergei Lavrov – Georgia Transcript: FT Interview with Barack Obama – US Transcript: India’s security advisor on Obama Transcript: FT interview with Taro Aso – Japan Continue reading For the record – State Leader interviews before G20 – Financial TImes

AI2 Comments

Memo to BofC | Canadian lesson ought to be benefit of early co-operative action – not “it began outside … “

Colin Henderson

I have to take issue with this statement by the Bank of Canada Deputy Governor made this morning to the House of Commons Standing Committee on Finance.  Without a full and proper understanding of the crisis, how can our leaders be exepcted to appropriately address it.  In particular this is central bank advice to the House of Commons.  Yes a global solution is required, but no it begain inside all countries borders, and here is the Canadian experience followed at this blog. Opening statement by Pierre Duguay Deputy Governor of the Bank of Canada to the House of Commons Standing … Continue reading Memo to BofC | Canadian lesson ought to be benefit of early co-operative action – not “it began outside … “