Two economic reports released in the first half of January 2011 paint a confusing, somewhat contradictory picture of Canada’s prospects for economic recovery this year. But both of them agree that any recovery will be subdued, a far cry from the solid recovery many were hoping to see. Continue reading Economic Recovery Will Remain Slow and Volatile in 2011 : Reports
February GDP data which Statistics Canada published on April 30, 2010 indicates that real GDP grew by 0.3%. This is welcome news that seems to indicate that an economic recovery is, indeed, taking hold. Yet the pace of the recovery is still fairly anemic and mired by various risk factors – so the economy is not out of woods quite yet.
Continue reading Canada’s Economy Growing Again but Recovery Still Fragile