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Independent topical source of current affairs, opinion and issues, featuring stories making news in Canada from immigrants, newcomers, minorities & ethnic communities' point of view and interests.

Consumer Spending: Liberal Democratic Party

Liberal Democratic Party: Stronger consumer spending and public works investment coupled with aggressive monetary easing lent oomph to the recovery that began in the last quarter of 2012, when annual growth was 0.3 per cent, according to Times Colonist. Abe took office in late December after voters fed up with years of economic misery returned his Liberal Democratic Party to power. His policies have helped push share prices to their highest levels in over five years, fueled by strong liquidity and expectations of improved profitability for listed companies and TOKYO - Japan's economy grew by a stronger-than-expected 3.5 per cent in annual terms last quarter, giving Prime Minister Shinzo Abe a boost as his government tackles reforms needed to ensure a sustained recovery from two decades of malaise. The preliminary data for January to March showed the world's third-largest economy grew 0.9 per cent on a quarterly basis, the fastest pace in a year, according to figures reported by the Cabinet Office on Thursday. (www.immigrantscanada.com). As reported in the news.