SUBSCRIBERS
Canada doubles exports growth forecast despite Trump threats
Published Tue, May 2, 2017 · 09:50 PM
Ottawa
CANADA'S export bank is doubling its growth forecast this year, a sign it doesn't expect Donald Trump to upend globalisation of trade.
Export Development Canada, in its spring 2017 report on Tuesday, forecast the total value of Canadian goods and service exports to rise 6 per cent in 2017 and 5 per cent in 2018, buoyed by energy and aerospace. Shipments of metals and ores are also expected to rise significantly.
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
US dollar briefly falls versus yen after GDP data
US weekly jobless claims unexpectedly fall
US economic growth slows more than expected in Q1
Malaysia ex-PM Mahathir facing anti-graft probe in a case involving his sons
BOE reports record usage of short-term liquidity repo
Philippines central bank not seeing rate hike despite peso weakness: finmin