Despite all the recession fears, Canada’s economy is doing, well, pretty good actually, at least based on recent government data.
This year the Bank of Canada held interest rates as its peers implemented cuts, the housing market in Canada’s biggest cities rebounded and business investment indicates higher productivity than feared. Yet global trades wars, climate change and the prolonged economic downturn in Alberta spell trouble for parts of the economy.
This week on Down to Business, Financial Post national business columnist Kevin Carmichael joins host Emily Jackson to discuss Canada’s economic performance in 2019 as we start looking forward to 2020.
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