Manufacturing decreased 0.6 per cent in August, after rising 0.9 per cent in July
Says Ottawa has a 60 per cent probability of balancing budget on target in fiscal year 2015-16
Still, the bank pegged average growth at 2.2 per cent this year, one-tenth higher than projections in July.
Leaders will need to tackle entrenched interests with backing high in the Communist Party to avoid dangerously low growth levels.
SMEs now account for 75 per cent of Canada’s net employment growth, 60 per cent of all jobs
New report says government spending will drop 0.9 per cent in 2013/14
IMF officials said earlier that the country needs a total of $10 billion to $12 billion
Think-tank blames reliance on high GDP, corporate profit, personal income forecasts
Economists had expected a more robust showing of 0.2 per cent, and some even 0.3 per cent
Growth weakest since third quarter 2011 growth of 1.3 per cent