A revised Statistics Canada estimate puts it at about $544 billion in Q1.
Expects a need to stimulate the economy: says we’re “not out of the woods yet…”
Report pegs tax freedom day for businesses is Jan 30.
Survey says 54% are not better of financially than they were a year ago.
International regulators auditing countries for implementation of new rules.
Financial reforms will be combined with bold steps in Europe, according to Bank of Canada’s main man.
The Bank of Canada is holding off on raising interest rates for awhile longer citing worsening global conditions and an uneven Canadian recovery.
In almost every respect – the jobs market, the government deficit picture, the housing market – Canada is in better shape than the US and most of Europe. But even on this side of the border, economic growth is slowing.