President Joe Biden outlined Thursday a US$1.75-trillion framework
The U.S. economy slowed sharply to a 2% annual growth rate in the July-September period
Meanwhile, central banks in other parts of the world look to dial back support
Systemic risk to the industry remains, as crisis response measures have created vulnerabilities
Federal Reserve Chair Jerome Powell expects that inflation will remain elevated well into next year
Additional taxes may not deter out-of-province investors
Data estimates suggest, however, that sales may have fallen back in September
The recent throne speech said recovery from the pandemic will be fuelled by growth, not spending cuts or tax hikes
The overall outlook for near-term economic activity remained positive
Many small and medium-sized enterprises have an optimistic outlook, polls suggest, while others worry about expiring aid