Thursday, September 8, 2016

Canadian economy: scenario of moderate growth in the coming months

In its September 7 press release, the Bank of Canada indicated that:

"While Canada’s economy shrank in the second quarter, the Bank still projects a substantial rebound in the second half of this year."

What can we read about the canadian outlook from the leading economic indicators?

Leading indicators from the Macdonald-Laurier Institute, the Conference Board of Canada and the OECD all show that economic conditions will improve in the coming months.

Here is the graph from the September 8 OECD press release:




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