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1lO-The Canadian Champion, Tuesday, February 26, 2002 your Dateline item info ta 878-4943 in pl0nty, of time before the event. P s ychieiosAoPnn en1- Free Letures, Door Pie oe otMu# Fr* F 1-10 -Sol: il-10 -Sun: il-7 3063 South Service Rd. (From QEW, Exit 102, South on Guelph Line, Left on Harvester Rd.) AdmissIin $S- Va/Id Ait W..koad TM Free Parking - Chidren Under 12 Free Wilh Aduil By RICHARD VIVIAN The Champion The Canadian recession is coming to an end, attendees ai the Milton Chamber of Commerce breakfast seminar heard Friday. "Don't be surprised if a month or two troin now statistics show we're oui of recession," said Rob Rubino, an economist for RBC Dominion Securities. "Ail the ingredients of a recovcry are there." The biggest influences over the economy are unemployment, consumer confidence and corporate profits - ail of which are looking to gain sirength as 2002 continues, Mr. Rubino explained. "We've heard a loi about big company layofis lately, but unemploymcnt is only up about 1.5 per cent (to about 8 per cent). That's pretty good for a recession. Unemployment may gel a little worse in the nexi montbs and drop again in 2003." Even with the downium in the cconomy, consumer confidence bas remained high, witb people spending in the face of poor economic predictions, the economisi con- tinued. Many companies have also fougbt 10, keep their businesses stable, selling off inventories and rcorganizing 10 remain competitive. Wiihout doubi, the leaders of the eco- nomic downiumn were technology compa- nies who drove stock prices continually up while stili not tuming a profit, Mr. Rubino said. "It created a bubble that eventually burst. Join the Experts at Sheridan Nurseries on Saturday, March 9 & Saturday, March 23 tram 10:00 arn ta 12:00 pmn Followmng this informative seminar you are invited to meet with one of our design consultants to create a preliminary Iandscape design for your own garden. Limited appointmenr trnes are availa bic. Reserve your sp-ace today Contact Dini at 905-873-0522, ext. 243. 12302 Tenth Line (1 /2 km south of 22nd Sideroad) - Sherida Georgetown, Ontario Nurseries Vww.sheridannurseries.com This bubble affect isn'i new - it happens repeaiedly in the stock market. But ibis type of bubble won't bappen again because wc, as investors, recognize bow it hap- pcned," he told the crowd of about 30 peo- ple. 'There will be other kinds of bubbles and iî's impossible ta say wbat the next one wili be." As economists paint a brightcr picture of the coming months than previously expeel- cd, many of the major manufacturers will again increase production and rcbuild inventories, Mr. Rubino predicicd. "Sooner or later, corporations arc going t0 bave to gel the cheque books oui and build their inventories." With economie strength building in the national economy, be prepared for a slow, but steady recovcry, he cautioned. " 4Wben Ibis (economic downtum) stant- cd, wc didn't expeci a dramaiic recession. Now that it's tuming around, don't expecl a big boom either. It's maple syrup time If you love pancakes and maple syrup. then bead on oui 10 Mountsbcrg Wildlitc Centre Saturday. The officiai opening of Maple Syrup ai the Mapletowne sugar camp mons fromn I10 arn. 10 4 p.m. The first îapping is ai 2 p.m. Kids can enjoy borse-drawn wagon rides, maple candy samples and puppet shows. Pancakes will he served ail day and fresh maple syrup will be available for purchase. Special gucîts include Sparky fromn the Milton Fire Departmeni, flddler Marty Pullin and Professor T. Vulture frora Conservation Flalton. And for te firsi time in Mapletowne, guesis can participate in tic Family FlapJack Olympics. Events include thc Pancake Siack, the Highesi Rip cosnpetition and thc Obstacle Course. Tu ne-Up :Brake Service Steering & Suspension $6, gr MOT Safety Inspection 4 cyl... ~ un Computer diagnostics 6 cyi ...$7495 'Tires eAuto Electric& 8 cyi .. 8411 Charging Systems *General Repairs Convenl.ntly Iocated within walklng distance to GO station e25 years automotive experlence *ww WIl 7v"w V 1Vr"lIIII Il Recession comning to an end, saysI economist at Chamber breakfast 'Consumer confidence has remained high despite economic downturn'