GDP to grow by 2.4% this year, down 0.3% from December’s forecast.
Women in particular are unprepared for their post-career lives.
Ontario tops provincial GDP growth ranking.
Rising input costs, demand fluctuations, and increasing competition are factors still causing problems for Canada’s small businesses.
Improvements should motivate Canada’s businesses to increase their pace of investment and hiring, the bank says.
Economic growth will be fuelled by persistent support from low interest rates coupled with strong demand for exports.
RBC has revised its forecast for provincial real GDP growth to 1.3% in 2013, down from 1.7%.
Global economy to grow modestly for the rest of the year.
The International Monetary Fund is downgrading prospects for Canada and other advanced countries as the global economy enters a dangerous new phase.
Expect the Canadian economy to turn in slightly less robust growth in 2011, thanks to a contraction in the second quarter combined with softer growth in the EU and the US, but the economy will pick up in 2012, according to RBC Economics.