Economic Recovery is not Easy but will be Sustained

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.

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