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
  • The New Dicamba At an event exhibiting the company's soon-to-arrive Dicamba-tolerant soybean trait, Monsanto repr...
  • Racing the Clock For Brian Marshall, the clock starts the minute a new calf hits the ground. Within the first four...
  • Hay Baling Safety Important Looking at it as a sporting event, mid-July is the halftime of the hay baling season in most of t...
  • "Easy Money Times Over" Feeding the world population won't be as hard as expected over the next decade some experts forec...
  • Weathering the Drought Parts of the panhandle and western Oklahoma are still considered as being in extreme or exception...
  • Clearing the Air EPA Administrator Gina McCarthy told a group of agribusiness representatives that her agency want...
  • Klinefelter: By the Numbers Peak prices since 2007 didn't slow megafarm consolidation. Mid-size operators may need to collabo...
  • Corn's Hidden Highways Scientists are rewriting the route to better hybrids.
  • Ask the Vet Before implanting heifers that will be bred, consult with a veterinarian to be sure fertility won...
Related News Stories
DTN Fertilizer Outlook
Sask., Ont. Crop Reports
Manitoba Crop Report
Canada Markets
Rail Problems Unlikely in 2014/15
Canada Markets
Canada Markets
Canada Markets
Canada Markets
Saskatchewan Crop Update