Tough year ahead say bank economists

Some of Canada’s major bank economists are predicting a tough year ahead. Doug Porter from BMO told the Economic Club of Canada that 2015 appears to have seen the weakest growth in decades, with the final quarter likely to be weak. He said that this year will not be much different. Meanwhile CIBC economist Avery Shenfield said that the global economy will see poor results this year with Canada not escaping.

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