Unemployment high til 2012
Fresh evidence that the economies in both Canada and the U.S. are moving forward
Country urged to carry on with structural policy reforms that can boost the economy’s potential rate of growth
Bank calls for Canadian GDP growth of 3.3% in 2010
Canadian economy expected to grow by 2.3% in Q4
Outlook lowered for 2010 and 2011
Weaker U.S. growth pushing Scotia to lower its GDP forecasts for Canada
Even those convinced of a recovery see an increase in the risks it will fade; some compare U.S. woes to Japan’s “lost decade”
Bernanke spells out policy options should economic outlook deteriorate further
Wider trade gap as imports surge