You might think that, in a GDP report that revised the first quarter contraction to 6.1% from the already amazing 5.4%, a growth figure of 0.1% for June is not a conclusive sign that a recovery has taken hold. This is, apparently, because you are not Canadian business journalist, or economist employed by the Bigcontinue reading

Ontario forests are full of bears, but many hikers and campers never see the elusive animals at all. These days, financial bears are just as hard to find. I know I’m not the only one puzzled by the buoyant mood among economists and financial writers in Canada — ex-Merrill Lynch economist David Rosenberg and thecontinue reading