Tagged: Consumer Spending

The Bank of Nova Scotia expects Canadians to concentrate on saving more of their incomes while governments focus on climbing out of deficits

Consumer spending will continue to cool

While Canadian households may be setting new highs in debt-to-income ratios, the country’s corporations, governments and citizens are in a much stronger position to handle that risk, a new report from the Bank of Nova Scotia said Thursday.

Fears of double dip being overplayed

Fears of double dip being overplayed

Don’t listen to the naysayers, says the Conference Board of Canada, a double-dip isn’t in the cards.

Dire warnings of a return to recession fail to recognize one key factor, the board said: a slow recovery from this recession was expected.