Manufacturing Success During Tough Economic Times
Rising oil prices, poor currency exchange, and a sagging US economy have contributed to a decline in the Canadian manufacturing industry. More and more products have been outsourced abroad, which has further contributed to the sagging fortunes of manufacturing companies in Canada. However, some companies have still been able to prosper in these tough economic […]
Canada Barely Avoids Recession
Canada narrowly avoided a recession in the first half of this year as the economy (GDP, or Gross Domestic Product) edged up by a weaker-than-expected rate of 0.3 per cent in the second quarter, following a revised 0.8 per cent drop in the previous three-month period. Most analysts had expected second-quarter growth of 0.6 per […]