From: http://www.canada.com/topics/news/national/story.html?id=1227349

The chart above demonstrates the rises and falls in the Canadian Stock Market over the course of the last year. A lot of predictions about the growth and sustainability of the Canadian Stock Markets have been wrong. More and more projections are being lowered to suggest that the recession will continue for over a year. Projections for losses are going up as their projections for profits go down. It has been noted by many economists that almost all the predictions have been off by a fair amount, so many believe that we are now in "uncharted waters". There have been and continue to be stimulus packages produced but they have done little to jump start Canada's economy.

I believe that a sustained economical recovery will not be possible until confidence in the economy is restored. The public's outlook on the future must change before the stock market will begin to go back up. It appears that the people without spare money cannot buy much besides the necessities, and the people with money are too afraid of economical collapse to spend their money. Canada needs consumers to help jump start it's economy, and along with the stimulus packages I think that the Canadian economy will recover soon.