Bank of Canada: Recession over

July 24, 2009 – The recession is over, the Bank of Canada said in its quarterly Monetary Policy Report released Thursday.

July 24, 2009 – The recession is over, the Bank of Canada said in its quarterly Monetary Policy Report released Thursday.

After shrinking since the last quarter of 2008, the Canadian economy
will grow by an annualized rate of 1.3 per cent in the current quarter,
the bank said. | READ MORE