Canada Economics

Canada Economics Weekly

29 March, 2019

Strong January likely followed by weak February

The consensus-beating jump in monthly GDP in January means that first-quarter growth will not be as weak as we previously expected. Growth will still be well below potential, though, and our forecast that the Bank of Canada will cut interest rates in 2019 continues to be based on our expectation for growth to remain weak in the second half of the year too.

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