Executive CAs more optimistic about the Canadian economy
Serious challenges and risks remain, but the Bank of Canada expects to see growth return this quarter, followed by a slow recovery into mid-2011.In a speech to the Canadian Association for Business Economics in Kingston, Ont., on Tuesday, Timothy Lane, deputy governor of the Bank of Canada, noted that, “there are encouraging signs that we […]
The recession in Canada may be over, but a new report from CIBC World Markets warns that a weak recovery will prevent the Bank of Canada from hiking interest rates until 2011. The report by CIBC chief economist Avery Shenfeld says economic growth and inflation will remain muted next year.“Unlike the Bank of Canada, we […]
Consumer and business confidence on the rise
Equity allocations have risen sharply month-over-month
Higher taxes inevitable, economist says
Labour productivity remains weaker than those of global leaders
Canadian firms are most optimistic about the prospects for recovery
Bank of Canada suggests that economic growth will restart in this quarter, with more robust business and consumer confidence
Recovery will boost Q3 economic activity