It’s almost enough to make you want to move to Canada — if you can afford it.
Canada
Which Advanced Economy Has the Most Debt?
With all the talk of Greece’s impending exit from the euro zone, debt is once again in the headlines. Greece’s massive public sector debt, coupled with its inability to devalue its currency, has put the country at risk of …
Canada to Introduce Glow-in-the-Dark Quarter
When Canada introduced polymer bills last year to replace their paper ones, we thought – cool! Then just a few weeks ago, the Canadian government announced it was doing away with pennies as a cost-cutting measure, and we …
Canada’s Penny Is No More – Is the U.S. Penny Next?
In an effort to cut costs, the Canadian government released its 2012 budget Thursday without any money designated to fund the Canadian penny. The penny’s costs have finally grown so high that the government has realized it just …
The Unlikely Green Alternative to the Keystone Pipeline? Railroads
President Obama’s decision last week to kill the Keystone XL Pipeline that would carry oil from Canada to the U.S. was cheered by some environmental activists like Robert Redford. But many mainstream commentators reacted with …
Plastic or Plastic? Canada is Saying Goodbye to Paper Money
Our neighbor to the north is switching to plastic. No, not credit and debit cards. Plastic cash.
Canadians Catch Up, Finally Think It’s OK to Use Credit Cards for Groceries
How quaint. Our old-fashioned, debt-averse neighbors to the north are reluctantly accepting the notion that swiping plastic to pay for groceries and other essentials is not such a bad thing.
Queen of England Tightens her Belt
OK, it’s a jewel-encrusted belt, but still. The Queen, who has a reputation as royal penny pincher too cheap to buy a TV, and is known to wander the halls of Buckingham Palace and switch off lights to conserve energy, has decided to delay home improvement projects (or rather, castle improvement projects), freeze the salaries of her …
