The miserable truth to Canada’s economic recovery
Rob Carrick, The Globe and Mail, June 30, 2015
A lot of people are going to hate the economic recovery.
Where we are now is the economic sweet spot – low interest rates to support our consumption of houses, cars and such, plus reasonably solid underlying fundamentals. A gauge of economic stress called the misery index now sits at its lowest point in 35 years for Canada.
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