Vancouver – Despite economic recovery since April, it is too early to call the end of the recession, according to a new C.D. Howe Institute Business Cycle Council report.
The Council, comprised of Canada’s preeminent economists in the field and co-chaired by Steve Ambler and Jeremy Kronick, is an arbiter of business cycle dates in Canada. The Council typically meets annually, but also when economic conditions indicate the possibility of entry to, or exit from, a recession.