Given the worsening global economic outlook and its negative implications for the export sector, confidence among domestic households and businesses will be critical to Canada's overall economic performance in 2012 and 2013. While we are cautiously optimistic about business investment, far more worrying to us is the misplaced household confidence in over-valued housing and the high levels of household debt.
Subscriber content
Read this in full, free
Start a free trial and use one of your 10 free starter credits to unlock this piece.