There’s no doubt that the downturn has been widespread and hard–hitting. According to Statistics Canada, the Canadian economy contracted at an annualized rate of 5.4% in the first quarter of 2009 and 1.4% in that quarter alone, the worst quarterly performance since 1991.
While the numbers are indeed bleak, a change has begun. Though the world remains in a recession and many firms continue to struggle, signs of recovery are expected to emerge later this year. Firms that are able to align their business strategies with these emerging opportunities — and retain their key talent during the lean times — could see extraordinary growth in the months ahead.
In this article, you'll learn about:
To download this article and to subscribe to RBC Business Insights communications, please provide your e-mail address. You may unsubscribe from RBC Business Insights communications at any time.
Contact an account manager knowledgeable in your industry today!