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ARTICLE · 20 MAY 2010

Bennett Jones Spring 2010 Economic Outlook

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As the Canadian economy recovers, Bennett Jones provides its perspective on economic trends that will influence Canadian business throughout 2010 and beyond.

CanadaStrategy
Bennett Jones LLP
Bennett Jones LLP
Richard Dion
Richard Dion
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As the Canadian economy recovers, Bennett Jones provides its perspective on economic trends that will influence Canadian business throughout 2010 and beyond. This economic update reviews the short-term outlook for the Canadian and world economies, discusses the policy adjustments that are needed to support growth beyond the recovery, examines the fiscal challenge Canada faces in the medium term, highlights international trade issues and negotiations underway, and draws implications of this uncertain macroeconomic evolution for Canadian businesses. Look for the Autumn 2010 Economic Outlook in November 2010.

I. Short-Term Outlook

The economic recovery over the last nine months (both in advanced and emerging economies) has been stronger than expected a year ago. Confidence among households and firms and in financial markets has markedly improved. With both monetary and fiscal stimuli continuing to support domestic demand over the next 18 months, albeit to a gradually

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