In one of the first major forecasts to be published since the first-quarter growth numbers were released for Canada on Monday, the Bank of Nova Scotia now believes the global economy has reached a turning point, and the Canadian economy will pick up speed quickly starting in the second half of this year.

Link: http://www.theglobeandmail.com/report-on-business/economy-has-reached-a-turning-point-scotiabank/article1168320/

Hopefully they are right this time.