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 […]
2008/2009 Canadian Economic Forecast
Source: http://www.economist.com/countries/Canada/profile.cfm?folder=Profile-Forecast Outlook for 2008-09 The current Conservative government is likely to survive its full term to October 2009. The Economist Intelligence Unit expects the next election to return another Conservative minority government. The opposition Liberal Party\’s new environmental policy initiative, based around a carbon tax, could, if successful, establish a platform for an election […]