Instead of looking forward to a string of lazy, hazy days, we face the touch of frost in the air ... and the smell of fear in financial markets. Canadians entered the summer brimming with confidence. Expecting strong sales, our businesses were full of plans to add jobs and invest in plant and equipment.
Canadians themselves had a very positive view of their economic prospects. Now, in the face of alarming events abroad, some are less sure. What happened? And how should the public and private sectors respond? What happened?