The economy is set to grow in 2011 thanks to low mortgage rates and government stimulus spending, but record deficits will mean hard choices in the near future, according to a new forecast by RBC Economics.
Recessions are supposed to mean hard times for industries that sell non-essentials, but it appears a federal government tax break designed to stimulate home renovations is working its magic even though it has yet to be passed by Parliament.
Recessions are supposed to mean hard times for industries that sell non-essentials, but it appears a federal government tax break designed to stimulate home renovations is working its magic even though it has yet to be passed by Parliament.
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Tags: government-stimulus, low-mortgage, mean-hard, new-forecast, rbc, the-near