Belt-Tightening By Governments And Consumers To Squeeze Economic Growth In Canada

July 22, 2011

The following is excerpted from a 21 July 2011 news release by The Conference Board of Canada.

Fiscal restraint by Canadian governments— and households—will curb national economic growth this year, according to The Conference Board of Canada’s Canadian Outlook – Summer 2011. Real GDP growth is expected to slow to 2.5 per cent in 2011, down from 3.2 per cent last year...

The release is available in its entirety at:

http://www.conferenceboard.ca/press/newsrelease/11-07-21/Belt-Tightening_By_Governments_And_Consumers_To_Squeeze_Economic_Growth_In_Canada.aspx

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Topic(s): 
Canadian Economy & Politics
Information Source: 
Canadian News Channel
Document Type: 
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