IMF says Canadian economy to grow at 1.5 per cent, lower than previous forecast

Canada will not be immune to the lower-than-expected economic growth expected around the world this year, the International Monetary Fund said Tuesday. The IMF revised its global economic growth forecast for 2019 from 3.5 per cent to 3.3 per cent, citing ongoing trade uncertainty. Its forecast for growth in Canada’s economy was similarly lowered from 1.9 per cent to 1.5 per cent. “This is a delicate year for the global economy,” the report reads. “If … any of the m