Capital Economics

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Canada Economics Weekly

Canada Economics Weekly

Where's the economy headed?

Most analysts now agree that the Canadian economy stumbled in the second quarter, but we think that the current quarter will be better. A rebound from several unusually severe weather-related factors that dampened industrial production and exports should mean that GDP grows by around 2.5% at an annualised pace in Q3, before slowing to 2.0% or so in Q4.

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