Tag Archives: economic growth

BoC surveys imply GDP surge coming: report

Surprisingly positive results from two Bank of Canada business surveys would suggest the country is poised for a quarter or two of 10% growth, says a report released Wednesday from Merrill Lynch Canada. The surveys, unveiled this week, said businesses are the most optimistic about their future sales prospects in almost a decade, and obtaining [...]

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Carney delivers reality check on economy

Mark Carney, the Bank of Canada governor, suggested Thursday the markets might be premature in their enthusiasm about improving economic conditions, and are underestimating how long it will take for the global economy to heal. His remarks, made in Montreal at the International Economic Forum of the Americas, came after a speech in which he [...]

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