OECD projects pick-up

The Organization for Economic Co-operation and Development sees Canada’s economy picking up, but its new forecast today is not without its warnings.

Economic growth will rise by next year to 2.75 per cent, the OECD said in a global forecast, helped by a “desirable rebalancing” to exports and business investment, which the Bank of Canada, too, has hoped for.

Helping to drive this will be the lower Canadian dollar and growth in the oil patch.

Read full story here.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s