2015 has now officially arrived. Happy New Year once again to you and your family.
At this time of year, there are no shortage of predictions for what might lie ahead for the coming 12 months.
Unfortunately, my personal crystal ball is fuzzy, and I’ve never been a big fan of prognostication.
Legendary economist, John Kenneth Galbraith once said…”The only function of economic forecasting is to make astrology look respectable”.
However, I do find it interesting to read what the prevailing business sentiment is pontificating on at the beginning of the year.
Here’s an interesting article from the Globe and Mail that highlights six big business stories to watch in 2015.
We’ll be sure to check back in over the course of the year, to see how things have worked out.
The six biggest business stories to watch in 2015
Canada’s economy was poised to enter 2015 with more cause for optimism than any time since the Great Recession. But oil’s slide has cast doubt over how the recovery will now unfold. Economists have been anticipating that Canada would finally achieve its elusive broad-based economic recovery in 2015, after years of leaning on high energy prices and a debt-fuelled housing sector to keep it afloat. Strong U.S. growth should drive a revival in demand for Canadian exports, which is expected to spur long-dormant business investment in new capacity and create jobs across a wide range of sectors. Here are the six biggest business stories to watch in 2015, from the Globe and Mail experts.
Read more here