Your Business News

The Real Economy, Canada: Volume 6

July 14, 2020

Authored by

Kirby W. Houle, CPA, CA, shared this article

Authored by RSM Canada LLP

Kirby W. Houle, CPA, CA, shared this article

THE REAL ECONOMY  | 

Amid worldwide decreases in demand and investments, Canada’s external sector is taking a beating with a significant decrease in exports and a slightly smaller decrease in imports. While the Bank of Canada can provide stability for the financial system through monetary policy and fund fiscal stimulus programs, it can’t reverse the supply shock that has morphed into worldwide demand shock.

Also included in this issue: The case for high frequency data as it presents a clearer snapshot of the economic picture, why boosting the energy sector is vital to Canada’s economic recovery and how middle market companies can address digital vulnerabilities that have been underscored by COVID-19.

Download report

Let's Talk!

Call us at 1 855 363 3526 or fill out the form below and we'll contact you to discuss your specific situation.

  • Topic Name:
  • Should be Empty:

Source: RSM Canada
Used with permission as a member of RSM Canada Alliance
https://rsmcanada.com/our-insights/the-real-economy/the-real-economy-canada-volume-6.html

RSM Canada Alliance provides its members with access to resources of RSM Canada Operations ULC, RSM Canada LLP and certain of their affiliates (“RSM Canada”). RSM Canada Alliance member firms are separate and independent businesses and legal entities that are responsible for their own acts and omissions, and each are separate and independent from RSM Canada. RSM Canada LLP is the Canadian member firm of RSM International, a global network of independent audit, tax and consulting firms. Members of RSM Canada Alliance have access to RSM International resources through RSM Canada but are not member firms of RSM International. Visit rsmcanada.com/aboutus for more information regarding RSM Canada and RSM International. The RSM trademark is used under license by RSM Canada. RSM Canada Alliance products and services are proprietary to RSM Canada.

FCR a proud member of RSM Canada Alliance, a premier affiliation of independent accounting and consulting firms across North America. RSM Canada Alliance provides our firm with access to resources of RSM, the leading provider of audit, tax and consulting services focused on the middle market. RSM Canada LLP is a licensed CPA firm and the Canadian member of RSM International, a global network of independent audit, tax and consulting firms with more than 43,000 people in over 120 countries.

Our membership in RSM Canada Alliance has elevated our capabilities in the marketplace, helping to differentiate our firm from the competition while allowing us to maintain our independence and entrepreneurial culture. We have access to a valuable peer network of like-sized firms as well as a broad range of tools, expertise, and technical resources.

For more information on how FCR can assist you, please call us at 1 855 363 3526

Important Notice:

FCR will now redirect you to CCH Portal where your FCR Client Portal login is located.

Share This