What further actions might the Bank of Canada take in 2012 to influence the real GDP growth rate in 2012?
The Organization for Economic Co-operation and Development predicted Tuesday that Canada will lead industrialized countries in economic growth during the first half of this year. The think tank also said the economic outlook has brightened for all G7 countries since its last forecast in November, with the exception of Japan. When the numbers are final, Canada is expected to have grown by 5.2 per cent in the first three months of 2011, and 3.8 per cent in the second quarter.