ALLAN ROBINSON
Globe and Mail Update
December 17, 2008 at 4:43 PM EST
Could the ugly 10-year bear market for the S&P 500 index be coming to a climactic end?
Vincent Delisle, a strategist with Scotia Capital Inc., says the long-term outlook has dramatically shifted in favour of equities.
“We believe the end of this cyclical bear market [in [...]

By Mark Shenk
Dec. 18 (Bloomberg) — Crude oil fell below $38 a barrel for the first time since July 2004 on speculation that OPEC hasn’t trimmed production enough to bolster prices as demand drops.
Futures have tumbled 74 percent from a record $147.27 on July 11 as inventories increased and consumption declined. The Organization of [...]

KEVIN CARMICHAEL
Globe and Mail Update
December 18, 2008 at 11:05 AM EST
SASKATOON — Finance Minister Jim Flaherty set a deadline for the country’s banks to show him they are taking a more active role in reviving Canada’s flagging economy.
Mr. Flaherty said Thursday he and Bank of Canada Governor Mark Carney will meet with the chief [...]

Talbot Boggs
December 15, 2008
(Special) - Becoming a parent is a dramatic, but costly, event in one’s life.
If you become a parent, chances are you will be shelling out money for years for everything from diapers, toys and school supplies to a tuxedo or evening gown for your son’s or daughter’s graduation prom.
Child care also [...]

I had hoped for a magic solution, but when that didn’t happen, my husband and I tried more-ordinary — and more-difficult — means. This is how we did it.
By MP Dunleavey
December 17, 2008
One morning just before American Thanksgiving, with our two-year-old playing with trucks on the living room floor, my husband got out the [...]

BARRIE MCKENNA
From Friday’s Globe and Mail
E-mail Barrie McKenna | Read Bio | Latest Columns
October 30, 2008 at 9:26 PM EDT
WASHINGTON — Doris Christopher, whose family owns two stables in pastoral northern Virginia outside Washington, knows businesses like hers are on the front lines of middle-class recession angst.
One long-time customer has already yanked a child [...]

Construction will add three million square feet of new space by 2012
Dec 17, 2008 04:30 AM
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Tony Wong
Business Reporter
Toronto-area office vacancies rose modestly to close out the fourth quarter of the year, but analysts expect more empty cubicles in 2009 as layoffs and cost-cutting hit the financial services sector [...]

Dec 17, 2008 04:30 AM
Rob Ferguson
Robert Benzie
QUEEN’S PARK BUREAU
Tony Van Alphen
BUSINESS REPORTER
Rescue cash for Chrysler will have strict terms to prevent the privately-owned automaker from taking advantage of Canadian taxpayers, warns Ontario’s economic development minister.
“Chrysler will have to be treated differently,” Michael Bryant said yesterday.
He promised the Detroit Three automakers will get the life-saving financial [...]

Dec 17, 2008 10:19 AM
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Les Whittington
and Petti Fong
STAFF REPORTERS
SASKATOON–Stressing the dire state of the economy, Finance Minister Jim Flaherty headed into a meeting today with his provincial counterparts hoping to reach consensus on actions to lessen the impact of the recession.
“The economic picture continues to worsen,” he said [...]

GEORGE JAHN
Reuters
December 17, 2008 at 11:13 AM EST
ORAN, ALGERIA — The Organization of the Petroleum Exporting Countries agreed on Wednesday to make its deepest output cut ever to counter slumping demand and falling oil prices, said the group’s Secretary-General Abdullah al-Badri.
The 4.2 million barrels per day reduction in supplies is based on September [...]