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Canada's budget to witness 2 percent growth in 2015
(MENAFN) The Canadian government expects that its budget economy is going to grow by 2 percent in 2015 due to almost-firm oil prices, a survey by Reuters showed, Reuters reported.
The Canadian government has been relying on private sector growth expectations since 1994. Nine economic analysts predicted to see the 2 percent growth, out of the 15 included in the survey.
In 2016, growth will take a slight leap ahead marking 2.2 percent increase. 2015's expected results are close to the2.1 percent growth rate the Bank of Canada expected in January.
The Canadian government has been relying on private sector growth expectations since 1994. Nine economic analysts predicted to see the 2 percent growth, out of the 15 included in the survey.
In 2016, growth will take a slight leap ahead marking 2.2 percent increase. 2015's expected results are close to the2.1 percent growth rate the Bank of Canada expected in January.
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