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
U.S. house prices falling at a diminishing rate
Bailout plan will not be enough to fix the ailing U.S. economy, the firm argues
Reduced U.S. exports and tight credit threaten an economy that’s now on the brink
A looming U.S. recession, slowing growth in Europe, falling oil prices and tightening credit conditions are the likely culprits
Canada’s beleaguered export sector is putting the brakes on Canada’s economy. Domestic demand — spending by consumers, businesses and governments — remains strong, so only a few industries and communities are feeling the pain. Even on Main Street Ontario, which is in a recession, the pain is focused on areas with crumbling auto production.In fact, […]