Category Archives: Uncategorized

Judicial review and the Charter by Marianna Callocchia

The Charter of Rights and Freedoms: Assessing the Power of the Courts & the legislature   The Canadian Bill of Rights – 1960: The Canadian Bill of Rights served as the Canadian government’s first attempt to formally introduce a series … Continue reading

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Progressive Federal Liberal budget welcome news but caution about the Bank of Canada‘s anti inflation obsession is required.

This week Finance Minister Bill Morneau tabled a very progressive stimulative budget in Parliament that clearly from the outset established the fact that austerity was bad policy which undermined growth, equity and low unemployment. He correctly pointed out that investing … Continue reading

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Esoteric derivatives contribute to chaos on markets

The explosive growth of derivative products has played a role in increasing and spreading market irrationality and a movement away from fundamentals in influencing stock market traders. During the period 2000 to the collapse in 2007 -09 this explosion of … Continue reading

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Irrational fears once again drive markets down excessively

Once again the irrational fundamentals on which the stock market is based have come to the surface with today ‘s over 4 % fall so far in the value of the Dow Jones index.At one point the market was down … Continue reading

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Poli 489 2018 course outline Advanced seminar on inequality Prof. Harold Chorney

Poli 489 Course outline (under construction) Professor Harold Chorney Wed. H633-1 18:00- 20:15 The real estate bubble and the crash of 2007 -09 uncovered serious strains in the economic and social fabric of global capitalism. The recovery from what turned … Continue reading

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Montreal elects environmentalist and left of centre Valerie Plante as its next mayor

Montreal where I have lived ever since 1982 when I moved here from Toronto has once again turned to the left and to bicycle riding environmentalists and community activists for its new mayor and governing party. The election turnout was … Continue reading

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Fed and Bank of Canada hold back on rate rises: Stimulus continues Smart decisions

Recently both the Federal Reserve  and the Bank of Canada made smart decisions not to increase rates despite pressure from some less well informed quarters that they should do so as believers in the NAIRU rate are still convinced that … Continue reading

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