Canada's economy is on a rollercoaster that the Bank of Canada will have to ride, economists say
Canada’s better-than-expected gross domestic product (GDP) growth has put the economy on track to get close to or meet the Bank of Canada‘s growth outlook for the first quarter, economists said.
Statistics Canada said GDP in January rose 0.1 per cent month over month, beating economist estimates of no growth, and the agency issued a flash estimate for an increase of 0.2 per cent in February.
Based on those numbers, economists are estimating first-quarter GDP growth of between 1.4 per cent and
Canada’s better-than-expected gross domestic product (GDP) growth has put the economy on track to get close to or meet the Bank of Canada‘s growth outlook for the first quarter, economists said.
Statistics Canada said GDP in January rose 0.1 per cent month over month, beating economist estimates of no growth, and the agency issued a flash estimate for an increase of 0.2 per cent in February.
Based on those numbers, economists are estimating first-quarter GDP growth of between 1.4 per cent and
19 days ago