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Throne speech warns of deficit, government cutbacks
Gov. Gen. Michaelle Jean unveiled the Harper government's five point plan to protect Canada from the global economic meltdown in the speech from the throne.

Detroit Three plead for money, but is anyone listening?
The head of the Canadian Auto Workers is calling on Canada and the U.S. to step in and save the Big 3 automakers, saying a failure would be "devastating" to the nation's economy.

Textron, AEP, Honda Ask Fed for Access to Commercial-Paper Fund
Nov. 14 (Bloomberg) -- A group of companies including Textron Inc. , Home Depot Inc. and Honda Motor Co. are pressing the Federal Reserve to expand purchases of commercial paper to include them, two people briefed on the matter said.

If automakers fail, just how bad will it be?
When the heads of General Motors, Chrysler and Ford go to Capitol Hill Tuesday, they will try to persuade lawmakers that if America's embattled Big Three automakers go under, an already fragile U.S. economy will be dealt a blow far costlier than the $25 billion in aid the companies are seeking.

Despite the perception cash not available, buyers can get loans
The automobile industry, like many sectors of the lurching American economy, has slowed down dramatically under pressure of the recent credit crunch.

Textron, AEP Ask for Access to Commercial-Paper Fund (Update2)
Nov. 14 (Bloomberg) -- A group of companies including Textron Inc. , Nissan Motor Co. and American Electric Power Co. is pressing the Federal Reserve to expand purchases of commercial paper to include them.

No magic bullet expected for economy at G20 meeting
Leaders of the G20 nations are meeting in Washington but no one is expecting a magic bullet to put down the worst economic crisis since the Great Depression.