Despite what the federal government equalization formula says, Ontario does not really deserve to be considered a “have not” province, says research firm Global Insight Inc.“Just as Canadians have become convinced that Ontario will fall into have-not status next year, this note argues that, by the most accepted measure of economic well-being, Ontario is still […]
Equity markets will likely recover eventually, but it could take a long time, and markets will probably remain quite volatile in the short term, says TD Economics in a special report.TD reports that global equity markets have suffered a severe correction, down 34% on the Canadian S&P/TSX and 40% on the U.S. S&P 500 for […]
Saskatchewan to lead country in real GDP growth
Average unemployment rate in the OECD area forecast to climb to 6.9% in 2009
North American auto industry in need of loan guarantees
Lower gasoline prices means consumer have more cash in their wallets
Depth of the global downturn will be similar to the 1991 recession
Building blocks for sustained recovery still not firmly in place, economist says
U.S. house prices should stabilize in the first half of 2009
Advanced economies now expected to contract by 0.25%