Message Font: Serif | Sans-Serif
 
No. of Recommendations: 0
Anyone care to guess how big the projected deficit will be when the budget is announced? Could it exceed $30B? The BoC just put the Feds on notice that they are expecting a large stimulus to help the economy snap back into growth (the last 3 quarters have been at negative or zero growth).

The BoC probably didn't have much choice, lowering rates has already killed the dollar (a lower dollar was their objective, but currency stability is also important).

tecmo
...
Print the post  

Announcements

What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.