There’s little doubt that 2012 won’t be the best of years as far as the overall economy goes, but how bad will it be? That’s the question that doesn’t seem to have a definitive answer from the economic gurus.
TD Bank, for example, has lowered its outlook for the coming year. You can read more here.
TD isn’t alone as Scotiabank is pointing to Europe as a global drag on the economy as you can read here.
Meanwhile, the Conference Board of Canada is looking at sagging consumer confidence here, although you might not have thought that at the malls over the holidays.
However, some economists see a glimmer of hope despite all of the gloomy predictions. You can read about that here.
Take whatever you like out of these links, but you’ll be hearing more mixed messages on the extent of the financial challenges ahead over the next few months.