February 22nd - 2015

Broader export demand predicted: RBC

Canada’s economy is expected to see higher export growth in 2015, despite the recent decline of oil prices, says a new report.

hand counting money

Canada’s economy is expected to see higher export growth in 2015, despite the recent decline of oil prices, says a new report.

hand counting moneyCanada’s economy is expected to see higher export growth in 2015, despite the recent decline of oil prices in the fourth quarter, states a new report. A real GDP growth of 2.7% is predicted for 2015 and 2.1% for 2016, according to the latest Economic and Financial Market Outlook issued by RBC Economics.  A turning point was observed last year with increased demand for non-energy exports after several years of export growth mainly from the energy sector. Read more on the RBC website.

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