October's stronger-than-expected GDP growth reflected more broad-based economic activity and has probably set the stage for stronger fourth-quarter annualised GDP growth than the 2.5% forecast by the Bank of Canada. But with the collapse in oil prices threatening the longer-term outlook, we doubt that this has changed the neutral outlook for interest rates.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services