A gloomy forecast
Posted Apr 2, 2012 03:35:29 PM.
This article is more than 5 years old.
Bank of Canada governor Mark Carney says while economic conditions are improving in the short-term — the future for Canada is not so bright.
Carney warns that unless there’s radical change, our economy may be reaching the limits of its longer-term growth potential.
He says the economy has been depending on consumer spending and trading to the United States to keep its head above water — but both options are tapped out.
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