A new study from TD Economics suggests that despite continuing signs of weakness in world economies, for Canada the worst is most likely behind us. The mortgage lender’s analysis team expect growth in Canada to be 1.6 per cent for this year, almost one percentage point below last year, but it also forecasts an uptick in 2016 to 2.3 per cent. While highlighting the jerky nature of the global economy, and the “wildcard” of Greece, TD says that global growth should be 3.6 per cent next year.
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