Transcription of CANADA - OECD.org
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CANADA - OECD.org
3. DEVELOPMENTS IN INDIVIDUAL OECD AND SELECTED NON-MEMBER ECONOMIESOECD ECONOMIC OUTLOOK, VOLUME 2018 ISSUE1 PRELIMINARY VERSION OECD 2018109 CANADAS lower growth since the second half of 2017 is projected to give way to growth ofover 2% from mid-2018. The uplift will be export-led, reflecting gradual restoration of oilpipeline capacity and strong US growth. Business investment is projected to strengthento ease tightening capacity constraints. Unemployment should decline further to Bank of CANADA is projected to gradually withdraw monetary stimulus, and theinflation rate is set to remain slightly above 2%. Further rate increases will be required tomeet the Bank s (medium-term) inflation target.
3. developments in individual oecd and selected non-member economies oecd economic outlook,volume 2018 issue1–preliminary version © oecd 2018 109 canada
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