Decisions taken in U.S. and in other major economies will be critical
Credit markets may have led on the way into the recession, but they are likely to lag on the way out, according to economists with Morgan Stanley.“Banks, in their lending activities, have rarely ever been leaders in economic or market cycles, but are usually followers. Credit growth can be a powerful accelerator in economic expansions […]
Weakness in the oilpatch will punish Alberta’s economy this year
Waves of layoffs and closures at car and truck plants may continue, despite billions in government assistance
Despite the gloomy economic forecasts for much of the country, Nova Scotia is well positioned to weather the economic storm
The province is hoping that a mix of oil, natural gas, hydro-electricity and renewable energy will be the catalyst for its recovery
The recent slump in commodities prices will slow but not halt northern economies
Commodities prices have put the brakes on a roaring economy, but that may be a good thing
Although the province was expected to escape most of the storm, the outlook has darkened