27 April 2011
“The pace of economic recovery is quite moderate and the general labour market conditions are improving,” – it was noted.
Meanwhile in Canada, Scotiabank’s chief currency strategist, Camilla Sutton, said that rising uncertainty concerning the May 2 Federal election can become a serious pressure on markets.
In the meantime, the Conference Board of Canada said Canadians started thinking more optimistically when it gets to their economic prospects. It especially concerns westerners. Moreover, in April the consumer confidence index was up by 4 points to 87.7, as compared to March. But still these numbers are below the pre-recession levels.