Source: The Associated PressThe global economy is off to a weaker than expected start in the second half of the year, a senior international official said Friday.Angel Gurria, secretary-general of the Organization for Economic Co-operation and Development, said a slowdown in the recovery had been forecast for the third and fourth quarters and was “on […]
Unemployment high til 2012
Fresh evidence that the economies in both Canada and the U.S. are moving forward
Country urged to carry on with structural policy reforms that can boost the economy’s potential rate of growth
Bank calls for Canadian GDP growth of 3.3% in 2010
Canadian economy expected to grow by 2.3% in Q4
Outlook lowered for 2010 and 2011
Weaker U.S. growth pushing Scotia to lower its GDP forecasts for Canada
Even those convinced of a recovery see an increase in the risks it will fade; some compare U.S. woes to Japan’s “lost decade”
Bernanke spells out policy options should economic outlook deteriorate further