But the U.S. economy is facing severe challenges, and a recovery could be lengthy
Recent moves by central banks in Canada, the United States and abroad to improve liquidity in financial markets have been crucial in boosting confidence, and there’s potential for more action yet to come, Conference Board of Canada’s chief economist Glen Hodgson said Wednesday.In particular, although the US$700-billion bailout package in the United States has been […]
Major tax relief is unlikely
Some economic reports draw parallels between Canada and the U.S. housing market; others are more upbeat
Economic downturn isn’t deep enough to warrant the massive erosion in energy and resource stock valuations
Central banks show leadership through co-ordinated action, economists say
Economic growth to fall below six-year average
Saskatchewan expected to lead provinces this year and next
Financial conditions are expected to remain very difficult
Co-ordinated rate cuts and partial nationalization of the global banking system are going to be required