«The prospect of
recession in Canada remains at bay for 2018, but Canadian investors should expect a bumpy ride and a fair bit of uncertainty with the housing market, NAFTA trade discussions and the potential for over-tightening by the BoC
representing key downside risks,» Shailesh Kshatriya, a Toronto - based analyst at Russell, said in the firm's
global outlook Wednesday.
As we enter 2011 it is very clear that the US economy
represents both the greatest potential for pulling the
global economy out of
recession and the greatest threat of plunging the
global economy back into a ruinous double - dip
recession.