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A huge wave of global investment is underway, and this is potentially good news for Canada.
While Ottawa likes to boast about how well our economy is doing, compared to others, the reality is that we are not doing all that well. Indeed, complacency about the challenges we face is a real danger.
The Great Recession of 2007-2009 destroyed some 30 million jobs around the world — 22.5 million of them in advanced economies like Canada, the United States, Europe and Japan — and little progress is being made in bringing that number down.