Bank of Canada Incorporates Fiscal Stimulus and Bumps up 2016 Growth Forecast

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Apr 13, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

    Sep 9, 2015
    Likes Received:
    The Bank of Canada's updated forecast for growth in 2016 reflected the positive effect of fiscal stimulus more than compensating for a bigger decline in the estimated cutback in business investment. 2017's growth rate was trimmed marginally, reflecting slower non-commodity export growth due to a lower profile for global activity[​IMG]

    Continue reading...

Share This Page

free forex signals