Canada Power Report Q1 2014 - New Market Research Report
With power demand highly correlated to economic activities, we maintain our relatively positive outlook for the Canadian power sector. Our country risk analysts forecast Canadian real GDP growth to move just above the 2.2-2.3% long-term trend on average in 2014 and 2015, with expansion of 2.3% and 2.5% in those years, respectively. We thus expect that in 2014 power consumption will experience positive growth, albeit at a mere 0.96%. That said, overall generation will decline as Canada's power exports to...
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