CBC: Top court says divorce payment void after bankruptcy

Posted by Jackelyn Ford on Sunday, September 18, 2011
http://www.cbc.ca/news/canada/story/2011/07/14/supreme-court-divorce-decision.html
The Canadian Press  Posted: Jul 14, 2011 6:36 AM ET

The Supreme Court of Canada has left open a legal loophole that could see spouses get out of paying divorce settlements with a strategic claim of bankruptcy. 

But the top court says Parliament needs to act to close the gap.

In a unanimous decision, the court upheld defining equalization payments as debts, meaning they are wiped off a person's slate on a d...


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BNN: Slow growth for rich countries in 2011

Posted by Jackelyn Ford on Tuesday, June 28, 2011
http://www.bnn.ca/News/2010/12/30/Slow-growth-for-rich-countries-in-2011-IMF.aspx

Reuters | December 30, 2010

A two-speed global recovery will extend into 2011, with developed countries growing slowly while emerging-market economies power ahead, the International Monetary Fund's chief economist predicted on Thursday.   

In an interview with the lender's online magazine, IMF Survey, Olivier Blanchard said the necessity for countries to rebalance their economies by letting exchange rates ad...


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About These Articles


Jackelyn Ford These articles have been chosen because they provide a macro view of the financial world. This wide scope of articles can then be applied to aid your own personal financial situation. E.O.E.