Thursday, September 15, 2016

"Slow Growth" Is Not Unique To Just Canada's Growth, But Globally As Well

Bank of Canada deputy warns investors to adapt because slow growth is 'new reality'

OTTAWA - Nearly a decade after the global financial crisis, economists and policymakers of all stripes are still working to avoid another one. Canada's economy could take 15 years to 'reinvent' itself, warns head of Royal Bank of Canada David McKay also says he's concerned about how much current levels of consumer debt and higher debt-servicing…