Economy

Emerging markets take the wheel

The global economic landscape will change significantly in the next 10 years and major emerging markets will account for over 55% of global output by 2020, says Paul Jenkins, senior deputy governor of the Bank of Canada. He was speaking at a forum titled “Beyond Recovery: Sustaining Economic Growth”, organised by the Economic Club of […]

By Vikram Barhat |March 30, 2010

3 min read

Growth will force rate hike: Desjardins

Strong rebalancing over the next two years will steer the global economy toward a safer and sounder footing, but concerns linger, according to the latest report from Desjardins Group’s economics department. The report says many countries — including the U.S. and Canada — have shown improved economic performances recently, although to date this recovery has […]

By Vikram Barhat |March 22, 2010

3 min read

Expect ‘risk-filled’ recovery: TD

The global economic recovery is well underway, but there remain significant threats to growth, according to economists at TD Financial Group. The primary drivers of the recovery have been resurgent growth in emerging markets and stimulative policy measures in more developed countries. “Initially, central banks and governments responded to the financial crisis like a trauma […]

By Steven Lamb |March 18, 2010

2 min read

Canadian economy picking up steam: RBC

Improved credit markets, increased domestic spending and a robust stimulus investment lead the charge as Canada’s economic growth picks up pace, says a report by RBC Economics. “An economic recovery is solidly taking root in Canada with the full impact of stimulus spending, historically low interest rates and improved credit markets all taking effect this […]

By Vikram Barhat |March 11, 2010

2 min read