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The trouble with economic forecasting
<br>As Finance Minister Jim Flaherty's March 4 budget nears, it's worth noting that projections often miss the mark, sometimes wildly<br><br> In late November, 2008, as global policy makers were crafting expensive bailouts and the U.S. economy looked to be in a death spiral, Finance Minister Jim Flaherty projected a budget surplus for the next fiscal year and the absence of a recession in Canada.<br><br>
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As Finance Minister Jim Flaherty's March 4 budget nears, it's worth noting that projections often miss the mark, sometimes wildly
In late November, 2008, as global policy makers were crafting expensive bailouts and the U.S. economy looked to be in a death spiral, Finance Minister Jim Flaherty projected a budget surplus for the next fiscal year and the absence of a recession in Canada.