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OECD cuts Canada's economic growth forecast as global economy slows | Northern BC Business
Home » BC Economy, Economic Development, Employment, Uncategorized » OECD cuts Canada’s economic growth forecast as global economy slows

OECD cuts Canada’s economic growth forecast as global economy slows

In its September outlook, the agency downgraded its 2016 global GDP growth forecast to 2.9 per cent from the 3 per cent it predicted in June and following a 3.1-per-cent average economic expansion worldwide in 2015.

It said average worldwide GDP growth of less than 4 per cent challenges governments’ capacity to make good on commitments to society in areas such as public pensions. (Toronto Star) Click here to read in new tab

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Posted by on 8:01 am. Filed under BC Economy, Economic Development, Employment, Uncategorized. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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