Economic Growth in Canada

freefall ends in late 2009

How about that, there was significant growth in Canada in all sectors.

Not quite time for champagne, but the economic world of Canada is certainly looking brighter than it did early in 2009. Instead of seeing double digits declines in production, sales and profits, we are seeing the opposite. Double digit growth in all sectors quarter to quarter through the end of 2009.

It’s still too early to make a solid prediction that we are on our way to the levels we saw at the peak in the beginning of 2008 for sure. However, the news is good all around us. Resource prices are high, projects that were shelved have been restarted, and Canada is becoming a more nimble player in the global economy.

It’s time for everyone in Canada to focus on what will help work in our future rather than thinking about the calamity of the past 2 years. Steven C Davidson – Pursuit Placement Group

[Via http://pursuegreatness.com]

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