June 2008 Canadian Economic Outlook Table
Abstract:
The table that accompanies this report sets out CanaData’s latest forecasts of some of the key statistical series that are used to measure and assess the performance of Canada’s economy. Real Gross Domestic Product (GDP) growth this year (+1.5%) will be about half of what might be considered normal and desirable (+3.0%). The loonie’s rise to parity with the greenback is acting as a drag on manufactured exports. Plus there are other negative fallouts from the slowdown that is currently underway in the U.S.
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The table that accompanies this report sets out CanaData’s latest forecasts of some of the key statistical series that are used to measure and assess the performance of Canada’s economy. Real Gross Domestic Product (GDP) growth this year (+1.5%) will be about half of what might be considered normal and desirable (+3.0%). The loonie’s rise to parity with the greenback is acting as a drag on manufactured exports. Plus there are other negative fallouts from the slowdown that is currently underway in the U.S.