The 0.1% m/m rise in GDP in November was better than expected and reinforces our view that the Bank of Canada’s latest forecasts are too weak. We think that an even stronger monthly gain in GDP in December will ensure that the Bank keeps policy on hold in the coming months.
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