Not exact matches
The OECD data finds other industrialized countries, not members
of the G7, have
come out of the slump a shade better than Canada, including Austria, Israel, Sweden and Switzerland, all
of whom have higher employment
rates today than prior to the
recession.
Coming out of the
recession Canada had a triple - A credit
rating with a stable outlook — which was and still is virtually unmatched among our peers.
It is true that our economic growth
rates following the 2007 - 2009
recession have not approached the levels seen
coming out of previous
recessions, and as we shift from highly accommodative monetary policy, even Fed officials have called for additional fiscal - policy support.
Treasury Chief Secretary Liam Byrne said the increase was explained by recovery in the economy as the country
comes out of recession and existing tax plans such as the 50p
rate for top earners.
«The economy has started responding to these policy initiatives
of the government as evidenced in the improvement and stability
of the naira exchange
rate; increase in the country's foreign reserves and the recent announcement by the National Bureau
of Statistics NBS that the country has officially
come out of recession.
As we
come out of the last
of the effects
of the Great
Recession, we'll see interest
rates rise from historically low points.
The BoC's decision has been the subject
of much debate — recent low interest
rates were intended as an economic stimulus
coming out of last year's
recession, and some economists have been arguing that
rates should stay low for the time being as a measure
of protection against global market turmoil.
Apartment renters also moved
out to take advantage
of the first - time home buyers» credit, lower interest
rates and better housing deals that
came as a result
of the
recession, according to The Columbus Dispatch website.
The UK's government declared the UK
out of recession after the statistics somehow
came up with a growth
rate of 0.1 % in the last quarter
of 2009.