The bank is now projecting growth to be just 1.7 per cent in 2019.
GDP grew at an annual rate of 3% in the April-June quarter, its best showing since a 3.2% gain in Q1 of 2015.
Loonie hasn’t closed above 80 cents US since June 30, 2015.
Monetary fund expects the Canadian economy to grow by 2.5% in 2017, up from an April projection of 1.9%.
The US economy is performing well, the loonie is fairly low and emerging markets appear to be strong.
China’s resilience, rising commodity prices, and sturdy financial markets provide sunnier outlook.
Economists had expected another surplus – about $500 million.
Findings suggest more Canadian firms surveyed are optimistic in areas such as sales growth.
Money will be used to to support “innovation networks and clusters” to help budding companies scale up significantly.
Report says the target is in line with efforts to overhaul industry.
Group will focus on highlighting the province’s importance to the US as a trading partner.
Chamber of Commer report says members are wary about a number of government initiatives and their impacts.
2016 census suggests the population growth rate for Ontario is down 1.1% from 2011.
Proposed border adjustment tax on imports could force Canadian export to the US to drop by 9%.
Centre for Economics and Business Research suggests China will surpass US by 2030