Barrie McKenna, The Globe and Mail - September 10, 2010
Royal Bank of Canada has downgraded its forecast for the Canadian economy this year and next, blaming concerns about the United States and "nervousness" about the global economy.
Canadian gross domestic product will grow 3.3 percent this year and 3.2 percent next year, according to RBC. That’s down from the 3.6 percent and 3.5-percent growth rates it had expected just three months ago.
Nonetheless, RBC chief economist Craig Wright said th...
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