The Conference Board of Canada has issued its latest outlook for the economy for 2015 and it’s lower than the prediction it made in March.
The Conference Board of Canada has issued its latest outlook for the economy for 2015 and it’s lower than the prediction it made in March. The Board now expects full-year growth to be 1.6 per cent compared to the previous outlook of 1.9 per cent, making it the worst expectation since the last gasp of the recession in 2009. Oil prices and weak investment are issues that the Board’s report highlights together with equities and external influences including China’s flagging economy.