Monday, September 29
Posted in Canada Votes - Your Turn Posted by Martin OBrien on September 29, 2008 08:07 PM | PermalinkTonight it was Your Turn to ask the questions about the economic crisis. What do you need to know? What do you want to understand better? We brought in Craig Alexander, deputy chief economist for TD Bank Financial Group, and Don Bayer, the president of MonsterMortgage.ca to help Suhana make the situation as clear as possible for investors and speculators alike.
Meanwhile, out on the campaign trail, NDP Leader Jack Layton called for a meeting of the party leaders to discuss the financial crisis, while Green Leader Elizabeth May sat down with the CBC's Peter Mansbridge to field an array of questions. Conservative Leader Stephen Harper promised a tax credit for children’s arts and noted he had contacted American leaders to discuss the proposed financial bailout over the weekend, and Liberal Leader Stéphane Dion urged a solution to nursing shortages.
We talked about other historic drops in the stock market, from the Great Depression in 1929, to Black Monday in 1987, and other dips, falls and plummets in the financial sector.
Here are a few emails we couldn’t fit in the show
Now that this mess has happened, I would like to know who is to blame... just a simple question... and needs a simple answer. Somebody is to blame, never mind the bailout in the States, or all the comments and meetings... Who is to blame for this mess?
— Barry
I'm sure glad that I took my life savings out of the market last week!
— Rob, Victoria BC
Those ‘smart’ economists should have seen this coming. Then the bailout could have gone to the struggling homeowner. They could make their payments, retain their homes, values might not decline as much, the banks get their cash flow and then we avoid the size of this catastrophe. For a change we help the people at the bottom of the food chain.
— Gary Auer
Join Mark Kelley tomorrow at 7:30p.m. ET on CBC Newsworld for The X-Challenge as he moderates a town hall debate between representatives of the four major parties on the economic issues facing Canada in front of an audience of financially aware sales people. Take their survey to help them shape the questions!
We’ll be back to give you Your Turn on Wednesday before the French debate, and with Don Newman for a CBC News: Politics special.
About the show:
Canada Votes: Your Turn is CBC Newsworld's daily interactive federal election show and your chance to talk about the election issues that matter to you.
We take your calls live on the air, read your e-mails, and bring you into the conversation. Weeknights live on CBC Newsworld at 8:00 p.m. ET, 5:00 p.m. PT.
- Phone: 1-800-481-6397
- E-mail: yourturn@cbc.ca
About the host:
Suhana Meharchand is host of CBC News Today from 1 to 3 p.m. ET each weekday afternoon on CBC Newsworld. A two-time Gemini Award nominee, Suhana has hosted numerous CBC News programs, including Saturday Report and weekend programs on CBC Newsworld. She hosted the local 6:00 p.m. Toronto CBC news for five years.
Suhana has also worked for CHCH-TV in Hamilton, Ontario and CJOH in Ottawa. Many people will remember her as host of "What's New", the CBC's news and current affairs program for youth.
Heavily involved in the community, Suhana's many community activities include Performers for Literacy, Gems of Hope, Redwood Shelter for Women and Children, the Canadian Paraplegic Association, the Hospital for Sick Children and the Princess Margaret Breast Cancer Centre.
Suhana has won awards from the Columbus International Film & Video Festival as well as the New York Film and TV Festival. She is the recipient of a Paul Harris Fellowship from Rotary International. Born in Durban, South Africa, Suhana is a graduate of broadcast journalism at Ryerson University, in Toronto.
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Canada Votes Headlines »
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