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Canada’s economy started the year with a bang of strong growth, but it is already beginning to fizzle. It is now clear that the alarmism about public sector debts and deficits was overblown and the push for austerity misguided.

In addition to summaries of economic, inflation and wage trends, the September 2010 issue of CUPE’s Economic Climate for Bargaining includes a section illustrating how deficit, debt and demographic fears have been exaggerated; “Opportunities Lost”, an assessment of Canada’s employment changes through recession and recovery; and a synopsis of public sector compensation measures across Canada.