Search Results - threeSOURCE: A research and resource hub for Alberta's third sector

Forecasts for key economies around the world and for Canada are cautiously optimistic and suggest continued but hesitant growth.

Many of the world’s economies and households are climbing down from high debt loads. The corporate sector is doing fairly well but has been slow to invest as uncertainties about the future continue. Much of Europe is struggling. China’s growth momentum may be slowing. Revolutions, protest movements, political unrest and posturing are making it more difficult to enact solutions. Canada could be dragged down, or pulled up, depending on how other economies perform and on Canadian domestic fiscal and monetary policies. Over the long term, Canada also faces the impacts of an aging population and growing economic inequality.

In Canadian households, both families and unattached individuals need to make tough choices regarding incomes, expenses, savings and debt. For many Canadians, the primary goal in 2012 will be to reduce expenses and debt to meet their short-term and the long-term financial goals.