In a presentation to Stoney Creek Chamber Members, Guest Speaker: Robert Hogue, Senior Economist, RBC Financial Group advised that;
§ Notwithstanding the inevitable temporary setbacks, the global economy is on the right track
- Canada is among the leading advanced economies in the recovery
- Policy – both monetary and fiscal – will remain stimulative in the near term although gradually less so as the recovery matures
- Canada’s external sector will contribute to growth next year and business investment will provide a stronger boost
- Consumer spending will grow at a moderate pace. Housing will stop contributing to growth.
If you wish a copy of the power point presentation, please contact the Chamber office.