
In the news today: Defence spending won’t slow recession, P.M. to meet First Nations
Here is a roundup of stories from The Canadian Press designed to bring you up to speed…
Defence spending to boost Canada’s economy: report
Ottawa’s ramped up defence-spending plans will give the economy a lift, but not enough to save it from a recession, a newly released report forecasts.
The updated analysis from Oxford Economics published Wednesday projects that Canada’s defence spending commitments will raise the country’s real gross domestic product by a tenth of a percentage point this year and next.