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- 1. Year-end review of 2009 ArchivedArticles and reports: 11-010-X201000411150Geography: CanadaDescription:
The global recession of 2008-2009 was less severe and shorter in Canada. While exports and corporate profits fell sharply due to the global recession, domestic spending was sustained by strong balance sheets and savings built up in previous years and a financial system that emerged largely unscathed from the crisis in the US and Europe. The industrial pattern of the recession in Canada was quite similar to previous recessions.
Release date: 2010-04-15
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- 1. Year-end review of 2009 ArchivedArticles and reports: 11-010-X201000411150Geography: CanadaDescription:
The global recession of 2008-2009 was less severe and shorter in Canada. While exports and corporate profits fell sharply due to the global recession, domestic spending was sustained by strong balance sheets and savings built up in previous years and a financial system that emerged largely unscathed from the crisis in the US and Europe. The industrial pattern of the recession in Canada was quite similar to previous recessions.
Release date: 2010-04-15
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