Canadian economy will still grow in 2018, just at a slightly slower pace, IMF predicts [Financial Post (Toronto, Ontario, Canada)]
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Source: Financial Post
Canadian economy will still grow in 2018, just at a slightly slower pace, IMF predicts The IMF foresees growth in Canada of 2.1 per cent this year and two per cent next year WASHINGTON — The International Monetary Fund projects moderate economic growth for Canada this year and next, albeit at a pace slower than last year and significantly behind that in the United States. Its World Economic Outlook released Tuesday foresees growth in Canada of 2.1 per cent this year and two per cent next year. That represents a slight downgrade from January’s outlook of 2.3 per cent forecast for this year, and it’s noticeably less than the strong three per cent growth Canada experienced in 2017. It’s also less than the U.S. projections: the United States is projected to grow almost three per cent this year, which is a significant improvement from recent IMF outlooks. “They’re very closely aligned with our forecasts,” said Brett House, the deputy chief economist at Scotiabank, where the prediction for
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