The latest gross domestic product forecast put out by analysis firm Oxford Economics estimates the Canadian economy will grow by 1.1% in 2019 and improve to 1.3% for 2020. Much of this growth relies on increased business investment, strong wage growth, rebounding retail sales and a resurrection of the housing market.
Canadian Economy Still Limping Along, but New Survey Suggests Prospects Improving
CoStar Market Insight: Commercial Real Estate Markets Strong Enough to Weather the Doldrums
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