{"id":10620,"date":"2014-05-17T05:28:40","date_gmt":"2014-05-16T21:28:40","guid":{"rendered":"https:\/\/canadianinquirer.net\/v1\/?p=10620"},"modified":"2014-05-17T01:31:05","modified_gmt":"2014-05-16T17:31:05","slug":"with-u-s-recovering-expect-canadian-economy-to-be-taken-along-on-ride-report","status":"publish","type":"post","link":"https:\/\/canadianinquirer.net\/v1\/2014\/05\/17\/with-u-s-recovering-expect-canadian-economy-to-be-taken-along-on-ride-report\/","title":{"rendered":"With U.S. recovering, expect Canadian economy to be taken along on ride: report"},"content":{"rendered":"<p><a href=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2014\/05\/shutterstock_53829913.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-10621\" src=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2014\/05\/shutterstock_53829913.jpg\" alt=\"shutterstock_53829913\" width=\"1000\" height=\"606\" srcset=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2014\/05\/shutterstock_53829913.jpg 1000w, https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2014\/05\/shutterstock_53829913-300x181.jpg 300w\" sizes=\"auto, (max-width: 1000px) 100vw, 1000px\" \/><\/a><\/p>\n<p><span style=\"color: black;\">OTTAWA\u2014A new report on the economy predicts Canada is about to start reaping the benefits of a strong U.S. revival.<\/span><\/p>\n<p><span style=\"color: black;\">The report from the international economic forecasting firm, IHS Global Insight, says Canada\u2019s economy\u2014after suffering a mild setback due to severe winter weather conditions\u2014is in position to start rebounding and will continue to pick up speed over the next three years.<\/span><\/p>\n<p><span style=\"color: black;\">The forecasting firm says growth will average 2.3 per cent this year, 2.5 per cent next year and 2.7 per cent in 2016.<\/span><\/p>\n<p><span style=\"color: black;\">The 2016 projection is half-a-point stronger than the Bank of Canada\u2019s more modest call, but Global Insight\u2019s chief economist Arlene Kish says she is more bullish on the U.S. recovery going forward.<\/span><\/p>\n<p><span style=\"color: black;\">Kish says while Alberta will continue to be the major driver of Canadian growth, she also has Ontario\u2014the country\u2019s manufacturing heartland\u2014staging a comeback from two sub-par years.<\/span><\/p>\n<p><span style=\"color: black;\">Canada\u2019s most populous province is projected to grow by 2.4 per cent this year rising to 2.7 per cent in 2016, essentially matching the national average.<\/span><\/p>\n<p><span style=\"color: black;\">She says Ontario\u2019s goods-production sector, including manufacturing, should benefit from the increased U.S. demand, adding that the province\u2019s underperforming jobs market will likely catch up to the national average of one per cent growth in 2014.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>OTTAWA\u2014A new report on the economy predicts Canada is about to start reaping the benefits of a strong U.S. revival. &hellip;<\/p>\n","protected":false},"author":44,"featured_media":10621,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19,1145],"tags":[],"class_list":["post-10620","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","category-headline","mauthors-the-canadian-press"],"_links":{"self":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/10620","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/comments?post=10620"}],"version-history":[{"count":0,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/10620\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media\/10621"}],"wp:attachment":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media?parent=10620"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/categories?post=10620"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/tags?post=10620"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}