Canada’s stimulus package is in full swing. The US is spending its way out of the recession. So how is it going?
New infrastructure spending and building bridges are great photo ops. http://www.actionplan.gc.ca/eng/index.asp But what does this mean for my pocketbook? I’m getting less then 2% on my money. Where can I put this capital to work? No one is buying, stores are closing. The other day I say 8 empty stories going out of business and many “for lease” signs on one of the busiest streets in Toronto.
The US recovery is being tracked on http://www.recovery.gov/. A lot of money is going out. So where is it?