American politicians may be dancing awkwardly toward the fiscal cliff, but there’s still reason to be optimistic about the financial future, say a pair of Alberta economists.
On Thursday, U.S. stock markets were down for a fourth consecutive day and consumer confidence at its lowest level since August, as Democrat and Republican leaders remained stalled in their efforts to prevent tax increases and spending cuts that will take effect after Dec. 31.
Read more: http://tinyurl.com/d3qv5e7
The big three forestry companies operating in the Grande Prairie area seem to be cautiously optimistic as they drive into this year’s harvests.
Weyerhaeuser, Canfor Products Ltd, and Ainsworth Engineered, held a joint open house on Nov. 15 at Stonebridge Hotel to field questions from the public and discuss future harvesting plans.
Read more: http://tinyurl.com/btwc36w
Here’s an intriguing poll out by Scotiabank.
It says Canadians’ overall economic outlook is now more optimistic.
But it also shows that people are still hesitant when it comes to their personal investment strategies. This might have something to do with the continued volatility in financial markets and continued concerns about economies in the United States and particularly in Europe.
Read more: http://tinyurl.com/ae89s62
Alberta has been an engine of economic growth in the country this year with a very rosy employment picture, particularly in the early part of 2012.
Now a report by BMO Economics suggests that picture will remain rosy into 2013.
Read more: http://tinyurl.com/8pqb5xa