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Table of contents

Editorial: Get to work

Canadians are tired of petty politics from all corners of the Commons.

Editorial: Detroit’s auto-da-fé

For the record, the North American auto sector as a whole is hurting – not failing.

Q&A: Robert Shiller

The Yale University professor talks about his new book and the influence on society of economic crises.

The CEO Poll: Dark skies ahead

Canadian business leaders think the economy will get a lot worse.

Pension deficit disorder

Good news for investors: Corporate fund liabilities have not grown as much as some people think.

A sporting chance

If the Detroit Red Wings win the Stanley Cup, the Canadian stock market loses. Coincidence?

Outlook 2009 (Global economy): The end of Chimerica?

The stage seems to be set for the demise of what has been called “market fundamentalism.” But is the same true of the global balance of power?

Outlook 2009 (Canada): Bad, but…

Canada’s economy looks like it has slipped into recession, which we expect will continue in early 2009

Outlook 2009 (U.S. dollar): Poised to stall

The challenges facing the U.S. economy will pull America’s currency lower again through 2009.

Outlook 2009 (Fiscal policy): Help wanted

To be effective, fiscal stimulus must be three things: timely, targeted and temporary.

Outlook 2009 (Credit): Hard to find

The good news is, Canada’s banking system is strong and has received government support, primarily in the form of increased liquidity.

Outlook 2009 (Bailouts): At what cost?

The cost of all these policy measures aimed at saving the financial system is a lot cheaper than not doing it.

What’s next (Intro)

How are the issues most important to Canada’s economic livelihood likely to play out in 2009? We examine the areas of manufacturing, the oilsands, U.S. relations, infrastructure, forestry, technology, energy and salaries.

What’s next: Manufacturing

Unfortunately, the worst is yet to come, say observers.

What’s next: Oilsands

The collapse of oil prices has possibly set back Canadian production growth as much as five years.

What’s next: U.S. relations

The election of Obama – whose positions embody classic centrist Canadian values – to the U.S. presidency should lead to improved relations between the two countries.

What’s next: Infrastructure

The new consensus forming, from Beijing to Brasilia, is that stimulus should happen through spending on infrastructure. It’s likely a good idea.

What’s next: Forestry

Forestry employs 300,000 people and contributes 2% to overall GDP. If the sector continues to flounder, Canada’s already bleak economic outlook will get worse.

What’s next: Technology

Everyone will hurt – sharply slower growth in mobile, for example – but the damage overall will be modest.

What’s next: Energy

The hidden upside of oil at US$25 a barrel.

What’s next: Salary

Surprisingly, raises ? just not big ones #&151; for 2009 are still in the works for most companies.

Infrastructure: Bridges to tomorrow, or to nowhere?

Infrastructure spending can be a long-term boon to Canada – if politics are not allowed to get in the way.

Gold: Ring in the new leader

Peter Munk and the next CEO of Barrick Gold. Will a new leader mean changes for the top gold company?

BCE and Rogers

With dramatic changes at BCE ? its planned privatization won’t meet crucial solvency tests ? and the death of Ted Rogers, which ushers in the search for a strong leader, the telecom landscape is shifting. Here’s what to expect.

Canada and China: Why is this man frowning?

Three years into his leadership and Prime Minister Stephen Harper still hasn’t made a single trip to China. It’s a known fact that bilateral relations have been frosty, but just where exactly is Canada’s trade policy with China heading? Is change on the horizon?

Live & Learn: Pat Quinn

The former NHL player, coach and manager on leadership and having another go at a Stanley Cup.