Massive public investment needed to avert a deeper slump

Campbell, Bruce
March 2012
CCPA Monitor;Mar2012, Vol. 18 Issue 9, p39
The article discusses the significance of major public investment initiative to deal with economic slowdown in Canada. According to Bank of Canada, European Union's recent recession and U.S. political struggle will affect the Canadian economy with the amount of 10 billion dollars and 30 billion dollars, respectively. Economists suggest that Canadian federal government should implement a public investment initiative focusing on infrastructure, health, education, and other public services.


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