British economy is set to grow at its slowest rate since the global financial crisis.
Key to the jump was a writeoff that was part of a financing package to keep automaker Chrysler afloat during the recession.
Said in a rare question-and-answer session that “protectionism at any level” is “detrimental.”
CEO challenged employees a year ago to meet certain goals, offering the cruise as an incentive.
Incomes increase 5.2% in 2015 to $56,516, but still sit below 1999 peak of $57,909.
Ottawa is predicting a shortfall of at least $18.4 billion next year.
OECD watchdog group blames sluggish trade from emerging markets.
IMF says rate of growth set to decline for fifth year before 2016 rebound.
Federal leaders agree a deficit to stimulate the economy from the fallout from the 2008-09 global economic crisis was necessary.
NDP, Liberals pounce on campaign trail, suggesting Canada’s “technical recession” is proof Harper’s economic plan has failed.
But the economy shows signs of bouncing back in June.
TD forecasts third quarter growth in the 2% to 2.5% range.
Finance minister Joe Oliver says the measure is off the table, but the decision to implement it rests with Bank of Canada governor Stephen Poloz.
One billion dollar deficit thanks to plunging value of the loonie.
Central bank blames rate cut on a drop in energy investment plans and weaker-than-expected exports.