With improvements in labour and housing markets, the conditions are set for US household formation to rebound.
Important and younger demographic influencing housing and consumer spending.
Province’s economy projected to grow by 2.9% in 2015, bolstered by strong exports and consumer spending.
Report warns struggling oil prices could stymie business investment in the important oil and gas sector.
Southeast Asia’s second-largest economy is likely to grow 3% this year instead of 3.8-4.3% predicted in August.
Q3 will likely show more moderate growth of 2% to 2.5%: BoC’s senior deputy governor.
Bank expects Canada’s economy to grow at a pace of 2.3% in the July-September period.
Businesses respond to boosted demand by rebuilding stockpiles.
Analysts say higher outlays on social programs are required to free up household incomes for consumer spending.
Americans are expected to buy more this year, which will help boost US manufacturing output.
Indicates possible economic recovery as Communist party readies to install new leadership.
Performance of the US economy drops to 6th on list of biggest challenges for Canadian business, from #1 last year.