After a dreadful performance last winter, Canada’s economy has sprung back to life. Here’s a recap of where the Canadian economy stands halfway through 2019. Worries remain about trade tensions and their impact on Canada. Markets are still pricing in at least one quarter-point cut in Canada over the next 12 months, amid concern that trade tensions between the U.S. and China will slow the global economy. The Canadian economy is also accelerating in the second quarter after a weak start to 2019, while growth is slowing in the U.S. after a strong start.
Source: thestar June 29, 2019 00:22 UTC