I would hedge my answer on that. As you well know, definitions of recession and recovery based simply on GDP are a little unrepresentative. There are broader factors, like industrial production, unemployment, etc.
October 27th, 2009 / 12:05 p.m.
Governor of the Bank of Canada
I would hedge my answer on that. As you well know, definitions of recession and recovery based simply on GDP are a little unrepresentative. There are broader factors, like industrial production, unemployment, etc.
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