NEWS
IMF Cuts Canada GDP Growth Forecast
Tue Oct 8, 2013 08:20 AM CDT

OTTAWA (Dow Jones) -- The International Monetary Fund Tuesday lowered its 2013 growth forecast for Canada and predicted an acceleration next year, but said the balance of risks is tilted to the downside as potentially weaker external demand may drag on Canadian exports.

The IMF said the Bank of Canada's accommodative policy stance remains "appropriate."

The Washington D.C.-based fund said Canadian gross domestic product will probably expand 1.6% this year -- the same pace as the U.S. -- a bit down from its July prediction of 1.7%. It left its Canadian growth forecast for 2014 unchanged at 2.2%, which is ...

Quick View
  • Crop Tech Corner Researchers have developed GE wheat that yields far better under hot conditions, a wheat gene is ...
  • The Attraction of Youth Combine genotyping with a yearling bull, or even a weanling, and you're less likely to make a poo...
  • Kubota Steps Up A new mid-range, high-horsepower M7 tractor moves this company into the row-crop arena.
  • SCO Sticker Shock Costs and potential disconnect with county yields make the Supplemental Coverage Option a hard se...
  • Clean Water Goes a Long Way Cleaning up 900 feet of a small creek in Kentucky brings rebirth to water once choked with sedime...
  • Beef Checkoff Effort Resumes Members of the eight organizations comprising the Beef Checkoff Enhancement Working Group were se...
  • Ag and Environment Outlook Agriculture continues to watch how the U.S. Environmental Protection Agency implements the propos...
  • Surgery on Plastics Dharma Kodali's goal is to insert soybean oil in the basic ingredient list for PVC plastics.
  • Ask the Vet How should I treat a cow with a swelling on her flank?
Related News Stories
Canada Markets
Canada Markets
Truck Drivers in Short Supply
Canada Markets
Under the Agridome
CWB Announces Lower PROs
Canada Markets
Canada Markets
Canada Markets
Canada Markets