Canada gets a downgrade
The Organization for Economic Cooperation and Development (OECD) lowered its economic growth expectations for Canada in its most recent report, released March 18. The new predictions put economic growth in Canada this year at 2.2%, down from 2.6% in its November forecast. For 2016, the group now sees growth of 2.1%, down from 2.4% previously.

“Oil and commodity exporters are facing weaker growth prospects as the result of lower prices,” the OECD said. Expectations for Brazil’s outlook were also lowered. “The main cla...


Legal Notice