Ottawa Mayor Mark Sutcliffe says cuts to the federal payments in lieu of taxes and ‘inequities in transit funding’ have contributed to the city’s current financial plight. Sutcliffe tells Power & Politics he remains optimistic that ‘there is a way forward’ with the federal and provincial governments. »»» Subscribe to CBC News to watch more … Read more
Nearly everything on Wall Street is tumbling as fear about a slowing U.S. economy worsens and sets off another sell-off for financial markets around the world. The drops were just the latest in a global sell-off following a 12.4 per cent plunge in Japan’s Nikkei 225, its worst day since the Black Monday crash of … Read more
The prime minister defends financial Minister Chrystia Freeland after the Toronto Star and Globe and Mail cite unnamed sources on discussions about recruiting former money institution governor Mark Carney to replace Freeland. The Power Panel weighs in on the politics behind the leaks. »»» Subscribe to CBC News to watch more videos: http://bit.ly/1RreYWS Connect with … Read more