have you noticed that the grits and dippers are not talking or asking about the economy at all these days. That's why they need distractions like the pseudo scandals about the detainees and the libels against Helena. I bet that deficit will melt away much faster than anyone thought. It is also time to withdraw any stimulus money not already spent.
Canada's economy will grow the fastest among Group of Seven countries in 2010 and 2011, the International Monetary Fund said in its World Economic Outlook report.
The U.S.'s biggest trading partner will expand 3.1% in 2010 and 3.2% in 2011, the IMF said Wednesday. The U.S. will match Canada's growth this year before falling behind in 2011. In January, the IMF predicted that the Canadian economy would grow 2.6% this year and 3.6% in 2011.
"Canada entered the global crisis in good shape, and thus the exit strategy appears less challenging than elsewhere," the report said.
The Bank of Canada said Tuesday it expects the economy will grow 3.7% this year and 3.1% in 2011. The central bank, which cut its benchmark lending rate to a record 0.25% last April to spur growth, indicated it will raise rates this year and become the first among G-7 central banks to withdraw monetary stimulus.