IMF raises outlook for economic growth in Canada, expected to be tops for G7

Canada
Canada

The International Monetary Fund expects Canada to lead the G7 for economic growth this year.

The IMF raised its outlook for Canada as part of its latest world economic outlook update.

It now expects the Canadian economy to grow by 2.5 per cent in 2017, up from its April projection of 1.9 per cent.

OBJ360 (Sponsored)
AFP Ottawa, WCPD Foundation

‘A full circle moment’

Philanthropy can be about more than doing something positive for others. It can also be a way of righting old wrongs. When Patricia Saputo was in her early 20s, she

Read More

The IMF says it revised its 2017 outlook for Canada following strong growth in the first quarter and indications of “resilient second-quarter activity.”

However, it trimmed its outlook for Canada for 2018 to 1.9 per cent compared with its earlier forecast for 2.0 per cent.

The IMF says global economic growth is expected to be 3.5 per cent this year and 3.6 per cent in 2018, unchanged from the April forecast.

Get our email newsletters

Get up-to-date news about the companies, people and issues that impact businesses in Ottawa and beyond.

By signing up you agree to our Terms of Use and Privacy Policy. You may unsubscribe at any time.

Sponsored

Sponsored