The recession is over. Cue the painful recovery
Filed Under Main Content · Tagged: 1980s, Canada, Canada Bank, Cue, Early 1990s, Economic Contraction, Economy, Globe And Mail, Globe Mail, Nine Months, Recession, Recessions, Recovery Canada, S Central
Canada’s central bank predicted Thursday that the economy would expand this quarter, suggesting the economic contraction lasted for about nine months, considerably shorter than the previous two recessions in the early 1990s and the early 1980s…
The recession is over. Cue the painful recovery – The Globe and Mail
GDP data expected to show decline slowing
Filed Under Main Content · Tagged: April, Canada, Decline, Economic Contraction, Gdp, Gdp Data, Pace, Times Colonist Victoria
Times Colonist, Victoria, BC – “Nevertheless,” he said, “April is going to show that the pace of economic contraction is slowing in Canada. So that’s good news and it is a base to start recovering, which in our view is going to happen later in the year.”
