Tuesday, 12 July 2011

Real GDP Growth Forecasts for July

Here is a table of economic growth forecasts from The Economist.
How the consensus is for Canada to grow slower than the US in 2012 is
beyond me. Notice, that except for Australia and Sweden growth forecasts
for the other countries in 2012 range between1% and 3%. Looking into the future and assuming an average annual  growth rate of 2.7% the Canadian economy will double in approximately 27 years.

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