It is fairly straightforward to calculate what that looks like in relation to
anticipated GDP growth.
Not exact matches
Flaherty saw this relationship between
GDP growth and government revenues first - hand when he was Ontario's Finance Minister, during a time when the government's budgetary position eroded due to slower - than -
anticipated economic
growth.
On the broader economy, Federated's Macro Economic Policy Committee recently nudged up its forecast for real 2018
GDP growth a tick to 3.0 %, in part on the
anticipated stimulative effects from tax reform, including increased business and consumer spending.
Which has been almost universally strong, including a
GDP report last week that confirms the country is in the middle of its strongest
growth spurt in more than a decade and eating into slack much more quickly than the Bank of Canada had
anticipated only two months ago.
The first is that there is likely to be upward pressure on U.S. gross domestic product (
GDP)
growth for 2018 — as government spending will be higher than originally
anticipated.
For the Canadian economy, estimates of the
growth of gross domestic product (
GDP) from Statistics Canada for the fourth quarter of 2016 came in somewhat stronger than we had
anticipated in our January Monetary Policy Report (MPR).
The third sure thing was that with the aforementioned stimulus,
anticipated tax cuts and a reduction in regulatory burdens, the
growth rate of real
GDP would improve from 1.6 % in 2016 to 2.2 % in 2017.
As
anticipated, the ECB held its policy rates constant with the deposit rate remaining at -0.4 % and monthly government bond purchases of $ 60bn euro, despite a slightly brighter outlook on
GDP growth, which is expected to rise to 2.2 % in 2017, Mario Draghi announced during yesterday's ECB monetary policy meeting.
High January 26th: End of the recession - But this good economic news,
anticipated for so long by those in government, was dampened by the sad fact economic
growth in the last quarter of 2009 only amounted to 0.1 % of
GDP.
In nominal terms, this is
GDP growth of 10 %, which is so far above the average
GDP growth that investors fail to
anticipate it, and therefore misprice equities.
And it is consistent with the allocation of capital to strategic industries including those producing cleantech goods, which are
anticipated to be growing at 15 % per year by 2013 - or at twice the rate of the country's
GDP growth overall.