Economy rocketed to an annualized pace of 2.9 per cent in the period from April 1 through June 30.
Paris-based think tank says the world economy is trapped in a period of low growth.
Bill Morneau has tapped McKinsey & Co.’s Dominic Barton to draw a plan to lead Canada out of its cycle of feeble economic growth.
Organization also lowered its Canadian outlook for 2016 to 1.7% from 2.1%.
Lower oilpatch investment will cut into provincial and federal tax and royalty revenues.
Report warns struggling oil prices could stymie business investment in the important oil and gas sector.
Canadian Council of Chief Executives says suspension of a single firm could cost Canada more than $1 billion.
Former Finance Minister died suddenly in Ottawa on Apr. 10 just three weeks after announcing his resignation from cabinet.
Financial institution says Canadan exports and business investment will benefit from a US resurgence.
Shrinking working-age population cited for slowing economic growth.
Finance minister says the Conservatives are trying to balance its books at the expense of the provinces.
Inflation above 2% erodes purchasing power, while when it’s below 2% it depresses consumer demand.
Randstad survey reveals Canadian workers are confident their companies will perform better this year.
StatsCan says the economy lost 45,900 jobs in December as the unemployment rate rose to 7.2%.
Rate increase won’t hurt the Canadian economy, however.