The challenge of our time
Globe and Mail Update - Tuesday, January 27, 2009 at 11:25 EST
A laid-off retail manager, a self-employed consultant, a young mother and a small businessman reflect on the recession as Finance Minister Jim Flaherty delivers the budget
OTTAWA, TORONTO The federal government is extending its reach into Canada's financial system in a bid to support banks and borrowers, making almost $70-billion in new credit available and planning new powers such as the ability to buy stakes in financial institutions should they need capital injections.