DTA Forum 2008 - The Ecomonic Outlook for 2009

December 17 2008
Economy
"Don't expect business as usual," economist predicts
By Julia Kuzeljevich


Speaking at a recent Toronto forum for shipper and carrier logistics professionals, Warren Justin, chief economist of
ScotiaCapital, offered predictions about the state of the US economy and how Canada’s will fare in the coming months.
While a decade-long government-mandated philosophy of “borrow to buy” served to fuel consumer growth in the US, with the financial sector the biggest enabler of this trend, the US economy is now moving toward retrenchment and deleveraging. It also must adjust to lower housing prices and slower growth...



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The Ecomonic Outlook for 2009 pdf86 kBJul 14, 2010
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