Apr 16, 2013
By AM740 Staff
The International Monetary Fund is predicting Canada’s economy will slow this year and says policy-makers need to support growth in the short term.
The IMF thinks economic growth in 2013 will slow to about 1.5 per cent before picking up to 2.4 per cent in 2014.
It suggests the Bank of Canada maintain its current low-interest rate setting and that support programs like employment insurance operate at full capacity if necessary.
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