New Market Report Now Available: Canada Shipping Report Q3 2014
We expect an improvement in Canadian real GDP growth in 2014 and 2015, with expansion of 2.1% and 2.3% respectively (up from 1.7% in both 2012 and 2013). However, our forecasts are below consensus, and we expect domestic demand to come under pressure as overleveraged households take a breather, the housing market cools, and commodity prices fail to recover.
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