Canada’s finance minister urged Europeans to follow Canada’s recession-busting model to boost global GDP
Current Bank of Canada head Stephen Poloz speculated that Canada’s difficulties returning to pre-recession export levels is there are about 9,000 fewer Canadian exporting companies than in 2008
The OECD said that emerging market “are experiencing a marked loss of momentum.”
Economic data over recent weeks suggests the eurozone recovery has continued throughout the region in the latter part of the year but that growth isn’t electric.
Dacia’s success isn’t just related to the worst car market Europe has experienced in decades. Analysts say the company was thriving even before the crisis simply because it has no competition.
Fuelled by increase in new orders, job creation
There is a danger central banks won’t be able to manage the exit properly, leading to losses in their balance books, loss of confidence and high inflation.
The bank predicts the economy won’t get back up to full speed until mid-2015
The IMF Chief warned that developed economies still need to follow through on financial reforms and debt reduction
General Motors Canada president Kevin Williams suggested an increase in sales of other cars being assembled in Oshawa could take up some the slack.