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Montreal Mayor Michael Applebaum gets into a car outside police headquarters in Montreal, June 17, 2013. Applebaum was arrested earlier as part of a bribery case. (Ryan Remiorz/THE CANADIAN PRESS)
Montreal Mayor Michael Applebaum gets into a car outside police headquarters in Montreal, June 17, 2013. Applebaum was arrested earlier as part of a bribery case. (Ryan Remiorz/THE CANADIAN PRESS)

Money matters

Carrick on money: Why Canada is doomed Add to ...

The best of the web on money, markets and all things financial, as chosen daily by Globe and Mail personal finance columnist Rob Carrick.

Canada is doomed
A U.S. business website looks north of the border and decides we’re screwed up beyond all recognition. Recent political scandals, high debt levels and our economic reliance on oil exports are cited as reasons.

More Related to this Story

China, increasingly a key global economic growth engine, has debt problems of its own.

What’s your renovation motivation?
The UK woman you’ll meet here spent more than the equivalent of $300,000 on home renovations, essentially to make hear neighbours jealous.

Top ETFs for the Canadian market
An investing blogger lists six favourite exchange-traded funds for covering Canada’s stock market.

Hidden benefits in emerging markets
Arguments for considering emerging markets despite the weak recent performance from Russ Koesterich, chief global investment strategist for the iShares family of exchange-traded funds.

More money
Join the 29,000+ people who subscribe to my Facebook personal finance community for talk about investing, retirement, real estate, banking and other financial matters. I’m also on Twitter.

Follow on Twitter: @rcarrick

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