Floundering Liberals Should Scare Manitobans
Manitoba faces fiscal risk from federal aid reliance as Martin leads Ottawa. Doer allies with Liberals to protect multi million projects while PC Opposition holds Martin to account. Liberal leader Dr Jon Gerrard lags with only one Liberal MLA seeking official status in the Legislature.
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Canada
Paul Martin
Manitoba
Gary Filmon
Jean Chretien
NDP
Ottawa
Gary Doer
Doer
Martin
Jack Layton
v/theen
Stuart Murray
Liberals
Liberal Party
Jon Gerrard
Nortel stock tumbles after CEO firing and earnings rewrite
The Toronto stock market suffered a rough week led by Nortel which fired its CEO and other top executives. The firm restated earnings turning a profit into a loss and warned of tougher times ahead as the stock fell from highs above 120 to around 10 before stabilizing near five.
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Toronto
Nortel
Market Woes and Gains Mark Turner's Global Outlook
The TSX slid 400 points as Nortel management changes and a gold price drop spooked markets, while China’s slowing measures and ongoing Iraq tensions kept energy volatile. Yet belief in a long upcycle persists with Google’s IPO and tech-led growth, urging contrarian investing and steady mutual fund and stock bets.
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Nortel
TSX
Nine Eleven
China
Iraq
Google
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