- Analytics
- News and Tools
- Market News
- Canada's 2020 growth forecast raised to 1.8% – NBF
Canada's 2020 growth forecast raised to 1.8% – NBF
Krishen Rangasamy, an analyst at National Bank Financial (NBF), believes that while minority governments tend to be short-lived, that does not necessarily mean Canada is set for policy gridlock and a quick return to the polls.
- “With the balance of power resting in the hands of the New Democratic Party, whose platform intersects with that of his own Liberal party, Prime Minister Trudeau is likely to find support for some of his proposed policies.
- We have accordingly raised our 2020 growth forecast by two ticks to 1.8%. The output gap, which is estimated by the Bank of Canada to remain open through 2021, could be eliminated sooner if, as we expect, fiscal stimulus is deployed by the new federal parliament.”
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
