«It happened after 9/11 and
it happened during the Great Recession of 2008.»
This happened during the Great Recession when the Canadian Government took monetary action in order to support the housing market and boost demand.
As government - funded companies, this meant taxpayers would have to bail out both companies in a time of crisis — which is exactly what
happened during the Great Recession.
Not exact matches
This is because the
Great Recession has rewritten the rules of what can
happen — and how central banks can respond —
during financial crises.
* Over the past 10 years, overall costs to U.S. companies rose 20 % while legal costs rose 75 %, with U.S. law firms actually increasing hourly billing rates
during the 2009
great recession and 90 % of law firm respondents saying they would increase rates in 2010 (which did indeed
happen).