"We have revised our GDP forecast up to -2.0% for 2009 (was -2.7%), and 2010 is now expected to post a 2.7% increase versus 2.3% in our previous forecast. By the end of the year, we think job losses will probably taper off and give way to some modest employment growth in the fourth quarter, allowing the unemployment rate to top out at a 12-year high of 9% this autumn..."
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Who pays for this blog? I receive no fees, considerations, etc. etc. for the posts on this blog nor do I have any plans to accept any. My salary is paid by Canwest Global Communications Corp. I work for that company as the Ottawa-based National Affairs Correspondent for Canwest News Service. The blog publishing platform used here is called Blogware and it's developed by Tucows Inc. of Toronto, Ontario, Canada. My use of Blogware should not be taken as an endorsement of that company. Like all Blogware users, I do not pay any fees for the use of this service. I participate in program. Google pays me some money and, for that, I give Google some space on this site to display ads. Google sells those ads and Google, not me, decides what advertising content you are seeing. I do not filter these ads and take no responsibility for them. Readers should not assume I endorse any of the products or services advertised here. If you think other disclosures are appropriate in this space, I'd like to hear from you. All of my contact details are always at www.davidakin.com You can read more about this section |
Monday, July 6
Merrill's new Canadian strategist sees clouds clearing but feds could keep Canada's future dim
by
DavidAkin
on Mon 06 Jul 2009 11:12 AM EDT
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