Canada's economic rebound in the second quarter mainly reflects a bounce-back after bad winter weather dampened economic activity in the first quarter of this year and certain one-off factors that boosted agricultural and auto exports. As these temporary factors fade, economic growth is likely to drop back below its estimated potential economic growth rate of 2.0% over the second half of the year, with growth likely to be closer to 1.5% annualised.
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