Not exact matches
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.
Here is more on the very
recent decline in
global fossil fuel consumption, due mainly to the
economic recession but also perhaps to efforts in some nations toward climate change mitigation:
Economic uncertainty such as that caused by the
recent global recession impacts the number of patent applications filed.
«The strength of the market, amid the most significant
global recession in
recent history, once again underscores its relevance to the nation's
economic engine,» says Michael Polzler, executive vice-president, Re / Max Ontario - Atlantic Canada.