FX & CFD trading involves significant risk
The Canadian government downgraded its growth and fiscal forecasts. The downward revision was driven by a slower-than-expected recovery for the Canadian economy. Low oil prices weigh on the economy in Canada.
The government expects the economy to expand 1.2% in 2015 and 2% in 2016.
The budget deficit is expected to be C$3 billion this year, and C$3.9 billion in 2016-2017.
All posted material is a marketing communication solely for informational purposes and reliance on this may lead to loss. Past performance is not a reliable indicator of future results. Please read our full disclaimer.