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A businessman consults a crystal ball to foretell the future.
A businessman consults a crystal ball to foretell the future.
(iStockphoto)

CHRISTOPHER RAGAN

Business uncertainty a roadblock on the path to economic recovery

The Canadian economy is still mired in a tepid recovery, with real output growing at a rate well below what we saw before the recession. Canadian investment and exports are lagging far below normal levels, partly because the U.S. economy, although showing intermittent signs of life, continues to face its own recovery challenges. One crucial factor affecting both economies is widespread economic uncertainty.