1. Economic forecast.
- Subjects
ECONOMIC forecasting ,CANADIAN economy ,NINETEENTH century - Abstract
The article offers an economic forecast for Canada for 2009 to 2010. The entry notes that the U.S., Great Britain and Japan will experience economic stagnation in 2009, while emerging markets, such as China, will be affected by shrinking export markets and unstable currency and market fluctuations. It predicts that Canada's economy will see a real growth of only 0.4%, as the U.S. economy slowly recovers in 2009. Analysts estimate that the inflation rate will fall to 2.1% in 2009 due to lower consumption and profits.
- Published
- 2008