Sentences with phrase «cent pace»

Overall, trading partner growth is forecast at just under 4 per cent for each of the next two years, which is down from the 5 per cent pace seen in 2007.

While this year's outlook for economic growth is well below last year's 6.2 per cent pace, it does set up several more years of steady gains in the province.

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.

Bartlett said growth is tracking well below the 1.9 per cent pace expected by the Bank of Canada with the first half rate roughly 1.8 percentage points below the bank's latest forecast.

Economists predict inflation will move well above the Bank of Canada's 2 - per - cent target in the coming months, while growth should also return to an above 2 - per - cent pace after a recent slump.

That's slightly higher than the 3 per cent pace recently reported by Statistics Canada under a different expenditure - based measure.

The growth for the quarter was weaker than the 2.9 per cent pace economists had expected, according to Thomson Reuters.

That's down from 0.47 per cent at the end of 2017, and about half the average 0.57 per cent pace over the past twenty years.

A report from the Labor Department showed hourly worker compensation accelerated at a 3.4 per cent rate in the first quarter after rising at a 2.4 per cent pace in the October - December period.

Failure of prices to recover raises the prospect of even deeper cuts to investment by oil and gas companies next year and would likely result in Canada's economy remaining on a slower growth path than the 2.2 per cent pace we are expecting.»

Given its volatility, we have to be careful in giving this too much weight, but the trend in this measure has picked up recently from a 4 1/2 per cent pace to more than 5 per cent.