GDP
IMF downgrades outlook for world economy to 3.7% growth
Predicts that US growth will slow to 2.5% next year as the effect of recent tax cuts wears off.
May GDP shows 0.5% growth, beats expectations for 0.1%
Manufacturing shows gains, oil and gas sector led the way with a 2.5% increase.
Bank of Canada holds interest rate as it ponders timing of next hike
Poloz says economy’s unable to continue running at full tilt without the power of lower rates.
Economy expands 1.7% in Q4 to cap off 2017 at 3% GDP
Growth in the fourth quarter was driven by a 2.3% increase in business investment.
Punting NAFTA talks into 2019 would cost Canada 0.2% of GDP
Soctiabank projects the country would still see modest economic growth of 2.3% on the year
Manufacturing helped boost economic growth in November: Statistics Canada
Sector gained 1.8%, the largest monthly increase since February 2014.
World Bank predicts solid 3.1% global growth in 2018
Also forecasting solid growth of 3% in 2019 and 2.9% in 2020 after 3% expansion in 2017
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Don’t be fooled, Canada’s economy is in decline
Private and international investors have lost confidence; not a competitive place to do business.
Economy slows as real GDP contracted 0.1% in August: Statistics Canada
The two-month lull in activity reinforces the point that the frothy growth of the past year is done.
Canada’s economy pauses in July easing rate hike expectations
Recent pace of growth over the last year won’t be sustained going forward: RBC
Headlines about economic growth hide underlying problems
Investors are losing confidence in Canada as a competitive place to do business.
Household spending, exports drive economy past expectations with 4.5% growth
Exports in goods and services rose 2.3%, while the export of energy products increased 9.2%.
US economic growth upgraded to 3% rate in Q2
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.
High debt, boom and bust cycles equal trouble: MLI
Macdonald-Laurier Institute warns servicing debt adds to the risk that imperils growth.
Canada’s GDP is looking up, 1.9% or 2.6% depending on who’s counting
Will benefit from improved commodity prices and a stronger outlook for the US.
