For the first time, every province is expected to slump simultaneously; but a broad-based recovery is likely to begin next year
Flu pandemic similar to those of 1957 and 1968 would also likely prove to have a relatively mild effect on overall economic activity
Sluggish growth will present significant challenges to governments struggling to eliminate deficits
Newfoundland and Labrador will lead the region in growth
Double-dip recession remains a possibility, says BMO Harris CIO
Although Canadian businesses on the whole report stronger results, publicly traded firms are seeing lower earnings
The U.S. will have a harder time, given its mountain of debt
Third quarter as a whole could turn in a negative performance
Take away stimulus and Canada would still be in a recession
BoC should intervene during extreme fluctuations, Shenfeld says