Spending one's way to growth is nothing new. What is new, and what is a first for almost any developed country is that Canada will be using both monetary and fiscal policy as a way to get the economy growing again at the expense of a balanced budget. For the economy as a whole, it is unequivocally good news.
With the unlucky loonie continuing to drop, Canadians are pinching their pennies and watching their savings. According to a recent survey from digital offers site RetailMeNot.ca, 73 per cent of Canadians are worried about the nation's economy. However, a little savvy spending will help to satisfy needs and wants.