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Ontario Economic Forecast for 2010
As a business wholly located in Ontario we focus on the economy of our province in conjunction with developments throughout North America. The latest reports from CIBC show that Ontario’s economy is predicted to outpace the national average this year but the confidence remains fragile due to to a high Canadian dollar, weak U.S. growth. 2009 (like so many places)...
by Tim at February 11th, 2010 at 12:02 am
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Many economic indicators are good – except employment
Talk of a full economic recovery is on hold for the time being as we are now fully entrenched into a cycle of growth and better efficiencies but the corresponding increase in jobs has not followed. By definition we are seeing the occurrence of a ‘jobless recovery’ which while not ideal is becoming the rather normal result following a prolonged period of recession....
by Tim at February 5th, 2010 at 12:02 am
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2010 U.N. report shows positive indicators for Global economy
Economically 2009 has been as difficult as any year in the last 40 according to official statistics being released by the United Nations economic panel. Of the 160 nations providing data, 1079 showed a reduction in per capita income with the ratio being higher the more developed the nation was. Significant growth in unemployment coupled with productivity/profit reductions...
by Tim at December 29th, 2009 at 03:12 pm