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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

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    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]

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