Is the Canadian Action Party for Real? Makes more sense than the Zionist parties!Date: Sun, 11 Jan 2009 12:44:55 -0800 From: drmoulden@rogers ... debt. This incredulous debit-sink stems from the early 1970′ to present. 95% of this burgeoning debt ... us away from our own Bank of Canada, plummeted our Nation into debt, raised all of our taxes [more...]

Date: 2009-01-13 07:35:42

Blog posts (22) | Videos (19)
 

Reader Question: My student loans went into collections! How do I get it off my credit score?

Reader's QuestionHi FB,A couple of months ago I was denied a student loan deferment and forbearance although I was unemployed and not earning any ... , like Debt Counselling of Canada. They should NEVER CHARGE YOU ANYTHING for their services ... debt shows. [more...]

Date: 2008-12-01 22:11:00

Do Financial Experts Really Help?

There’s really nothing like a poor economy and a tumbling stock market to send people’s financial plans into a tizzy! ... have to say: The Canadian Government Statistics Canada says gas and food prices are eating up a larger portion of our spending money, while CIBC reports household debt in Canada is rising faster than personal [more...]

Date: 2008-08-22 01:56:55

The Squeeze is On

This article appears in the December 2008 issue of Oilweek.By Peter McKenzie-Brown“I’d rather you didn’t mention the company by name ... financial markets is only the killer blow in a credit squeeze within Canada’s petroleum sector ... debt-induced asset bubble, get squeezed out of further borrowing. A contraction in the growth [more...]

Date: 2008-11-20 15:17:00

Nortel Files for Chapter 11 Bankruptcy

In the about us page on Nortel’s website, they proudly state “Hundreds of millions of people, Fortune 500 companies, ... under the Companies’ Creditors Arrangement Act (”CCAA”) in Canada. As well, certain of the Company’ ... and debt burden, to effectively restructure its operations and to narrow its strategic focus [more...]

Date: 2009-01-14 16:02:05

Emily's List: Post-Christmas smorgasbord edition

Ah, Dec. 26 … the day to recover from Christmas madness or celebrate another night of Hanukkah ... . Perhaps we should heed her advice next year; we might all have a little less post-holiday debt ... s Boxing Day in many countries such as the UK, Canada and Australia, which is based on giving [more...]

Date: 2008-12-26 14:40:27

Could the USA go bankrupt?

As Americans go to the polls to elect a new president this week, ... , there is a long and regular history of domestic and foreign credit default. (including the USA and one province in Canada) As one blogger writes: a longer-term examination of debt markets [more...]

Date: 2008-11-02 17:37:08

An easy way to backstop the auto sector

News item from the DTM: Ottawa is willing to go to the aid of teetering auto companies, ... their shops in Canada to save money and consolidate where the government subsidies are. Given ... has tried debt plus warrants (think AIG), they’ve tried prefs (think Citibank, JP Morgan, etc.), they’ve [more...]

Date: 2008-11-10 22:36:25

Nortel files for bankruptcy

Technology giant Nortel Networks Corp. filed for bankruptcy protection in Canada and the US on Wednesday, ... is due to repay a US$107 million interest debt on bonds.Creditor protection would give the company more opportunities to explore restructuring options or sell off some of its assets.The Toronto-based [more...]

Date: 2009-01-15 02:15:00

CLC Response - The FULL Version!

Here’s the full version of the summary posted earlier - a much longer analytical section, and more detail on our suggested policy response ... while the wages and the incomes of working families have stagnated; rising household debt instead ... , are unable to access credit on reasonable terms. Production is now rapidly slowing in Canada and around [more...]

Date: 2008-10-27 18:00:16

Guinness Book of Records Setter: Continuous TV Viewing

Grech does our nation proud As far as we can tell, which, in terms of distance is about from here to the computer screen, ... commitments, 'us' refers to our fellow Canucks Own the Podium is a venture devised to help Canada earn ... elephant—the 2010 Olympic Games in Vancouver, several mob-affiliated cement trucks’ worth of debt [more...]

Date: 2009-01-14 13:44:52

‘You owe us!’ - BCE to Teachers’ Fund

p2pnet news view Freedom | P2P:- Er, do Canada’s teachers — some of them, anyway — owe BCE? ... not meet a solvency test because its debts would exceed its assets after $32-billion of takeover debt [more...]

Date: 2008-11-29 13:55:54

CanWest update

Regular readers will know of my interest (some might say obsession) with the stock market performance of Canadian publishing giant CanWest ... , but with Canadian media in general. We keep hearing that Canada is in so much better shape ... less than a cheap cup of coffee. Yes, it has significant debt, but the company made [more...]

Date: 2008-12-11 00:17:11

RBC on Nortel: Expect Widespread Repercussions from Bankruptcy, Bonds Should Recover

With Nortel Networks Corp. (NT) filing for Chapter 11 bankruptcy protection in the U.S. and CCAA protection in Canada, clearly no government aid came to the rescue. The final straw was the interest payment due on its debt, which stands at a whopping $4.5-billion. The filing does [more...]

Date: 2009-01-15 18:48:44

Call for Bell / BCE petition

p2pnet news view Freedom | P2P:- Plans for the $52-billion take-over of Bell Canada, “the country’s largest and most hated provider, ... p2pnet reader Donald P.B.A. continuing »»» If the OTPF bought controlling shares of BCE, their debt ... s throttling; they’re close to bankruptcy! Bell is cash poor and debt laden, therefore the only true [more...]

Date: 2008-12-01 13:30:31

Biggest meltdown winner: be very wary

Canada’s pre-eminent market oracle, Prem Watsa, has been cautiously buying stocks and bonds since late November even though he doesn’t believe the bottom has been reached.The crux of the problem“De-leveraging” is hoarding, paying down debt, postponing expenditures by banks, individuals and companies which is contributing to the recession [more...]

Date: 2009-01-16 01:27:00

Latest News in Goverment Grants and Debt Relief - Jan 06, 2009

Obama supports $300-billion tax-cut plan - Globe and Mail 6 Jan 2009 at 4:29am Fake Name from Canada writes: Snort … that’s going to fast-track the US government into bankruptcy. Apparently he is an empty suit after all. It’s not like they’re anywhere near solvent as things stand now, so a major cut to government revenues … EDPRS: [more...]

Date: 2009-01-06 12:26:07

Ontario man pays 419 scammers $150,000

p2pnet news view | Crime:- A Mennonite follower in Ontario, Canada, thought he’d found a kindred spirit, also lucking into a huge windfall. But he was wrong on both counts and instead ended up as another victim to a Nigerian 419 swindler, winding up in debt to his friends and family to the tune $150,000. John Rempel told the Windsor [more...]

Date: 2009-01-15 19:49:22

Nortel :: One more victim of economic recession.

Today Nortel Networks Corp.a Canada based multinational telecommunications equipment manufacturer has filed for bankruptcy protection ... and Europe. Nortel, based in Toronto, had more than $1 billion in assets and debt, according to a Chapter 11 filing of its U.S. subsidiary today in Wilmington, Delaware. 14 affiliates of Nortel’s financ [more...]

Date: 2009-01-14 17:31:56

Nortel Networks in trouble

p2pnet news view | Off Topic:- Canada’s Nortel Networks, North America’s biggest maker of telephone equipment, is in serious trouble, ... telecommunications company was due to make a $107-million interest payment on its debt. “The board of directors [more...]

Date: 2009-01-14 14:27:44

Blame Canada! Fortress Inconvenienced Again

12 injured, 53 rescued in gondola prang Vancouver Sun photoFresh off its recent brush with corrupt New York attorney Marc Dreier ... that itself recently survived an encounter with a $1.7 billion debt mogul.How much more good luck [more...]

Date: 2008-12-19 08:27:03

Canada elections 2008, Part II

p2pnet news view Freedom | P2P:- Part I of the p2pnet party platforms feature outlines Conservative, Liberal, NDP, Green and Bloc Quebecois policies ... . The CHP would eliminate the national debt which is currently at $600 billion dollars. Better [more...]

Date: 2008-10-08 13:19:49

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