Business Development Bank will get $350M injection, Clement says
Monday, January 19th, 2009
Announced at the Canadian International Council – that’s our newly minted franchise of the Council on Foreign Relations.
CBC News
January 19, 2009
Federal Industry Minister Tony Clement said Monday the government will inject $350 million into the Business Development Bank in a move meant to spur the extension of credit to small and medium-sized firms.
Clement made the announcement in Toronto during an address to the Canadian International Council.
A prominent PhD economist has slammed the latest round of bank bailouts and argued that they will not work because the financial crisis was caused and prolonged by such activity in the first place.
The second phase of the inquiry into the death of a Polish immigrant who was shocked with a Taser at Vancouver International Airport begins Monday in Vancouver.
LONDON – Britain announced a new bank bailout Monday to boost lending into a struggling economy and protect banks from the bad assets sinking their balance sheets – an admission that an earlier sweeping rescue plan didn’t do the job.
The cocktail of gender-bending chemicals entering rivers and streams is more potent and harmful than anyone realised, it has been revealed.
Powers which allow the Government to impose bin taxes on the whole country without consulting Parliament have been brought in by stealth.
GUANTANAMO BAY — Omar Khadr’s military hearing resumed amid questions as to whether the charges against the Canadian captive have been withdrawn and if the military judge was still legally mandated to hear his case.