Archive for May, 2013

Sweden: The reality of Swedish neo-liberalism

Sweden: The reality of Swedish neo-liberalism

Sweden once had a reputation as some kind of ‘social-democratic model’ with far-reaching public services and social support. But that has been dismantled by two decades of attacks – what the Economist magazine calls a ‘silent revolution’ Sweden has weathered the crisis and the country is showing that slashing welfare, lowering taxes and imposing caps […]

BC Election 2013

BC Election 2013

On May 14 the New Democratic Party (NDP) achieved a stunning defeat in British Columbia’s provincial election, losing to the BC Liberals for the fourth time. It wasn’t supposed to be like this. Just over a year ago the Liberals were in free fall after choosing a new leader, Christy Clark, in 2011. They were […]

Posted in: British Columbia, NDP
How Safe are Canadian Banks?

How Safe are Canadian Banks?

In November 2011 Minister of Finance, Jim Flaherty, claimed that the Canadian banking system is the soundest in the world. However, Canadian banks received $billions in financial support from the government between 2008 and 2010 and the federal government has plans to deal with a banking failure. So really, how safe are Canadian banks? Since […]

Posted in: Canada, Economy