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Economic recovery in the capital |
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OTTAWA Hold on to your hats, the economic recovery in the capital region could be brief.
The Ottawa-Gatineau economy could lose almost 10,000 government jobs over the next three years as new budget spending restraints cast a pall over the region. In a new forecast Wednesday, the Conference Board of Canada predicted the decline could be the biggest since 1991-98 when 19,000 federal government jobs were lost to layoffs and budget cuts. LINK |
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Economic Growth 2010-2011 |
Increased domestic spending and improved credit markets expected to fuel economic growth in 2010 and 2011 March 24, 2010 With a peak in stimulus investment, improved credit markets and a recovery in consumer spending, Canada’s economy is poised for real GDP growth of 3.1 per cent, according to a new report by RBC Economics.
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