All annuity payments are based on a conservative 2 per
cent growth rate after estimated 3 per cent inflation.
Not exact matches
After accounting for the impacts of measures and adjustments, the Sales Tax revenue base is projected to grow at an average annual
rate of 4.3 per
cent over the forecast period, roughly consistent with the average annual
growth in nominal consumption of 4.0 per
cent over this period.
Today's surprise hike of the central bank's overnight lending
rate to 1.0 per
cent comes less than a week
after the latest data for economic
growth showed an impressive expansion of 4.5 per
cent for Canada in the second quarter.
After moderating in the first half of 2003, the volume of imports expanded by 3 1/4 per
cent in the September quarter, to be 12 1/2 per
cent higher over the year, which is well above trend
rates of
growth.
After only modest
growth initially following the 2001 global recession, international trade in goods and services has rebounded strongly of late, increasing by about 10 per
cent in 2004, or approximately double the
rate of
growth in world GDP (Graph A1).
Again, empirical work suggests that, at current levels of approvals and credit
growth, a once - only 10 per
cent decline in approvals would reduce the monthly
rate of credit
growth by around 0.3 of a percentage point
after about three months (Graph C3).
The report does contain some good news for Ontario, which will see an export - led revival to 2.3 per
cent growth this year — the second - highest
rate in the country —
after advancing by a weak 1.3 per
cent the previous two years.
The couple's Tax - Free Savings Accounts with present balances of $ 85,000 soon to be bumped up to the present maximum limit of $ 52,000 each, $ 104,000 total, growing at the allowed
rate maximum of $ 5,500 per person for nine years to their age 50, would have future balances, calculated at three per
cent annual
growth after inflation, of $ 251,000 and be able to support payouts of all income and capital in the following 45 years of $ 10,000 a year.
After a slowdown that began in the second half of last year, most economists are anticipating
growth will return to an above 2 - per
cent pace in coming months and continue to put pressure on Bank of Canada Governor Stephen Poloz to raise interest
rates.
The annual
growth in total renewable energy supply accelerated
after 2003 from a few per
cent to an average of 6 %, and 2010 had the highest
growth rate since 1990 of over 7 %.