IMF sees growth momentum for Canada despite lower oil

Canada's economy will retain its momentum this year, despite a sharp drop in oil prices, thanks to exports to a recovering United States that will offset declines in domestic consumption and investment, the International Monetary Fund (IMF) said on Friday. Still, the recent drop in oil prices will be a drag on growth due to weaker energy sector investment, with the economy expected to see 2.3 percent growth this year, slightly lower than 2014's estimated 2.4 percent rate. "Downsid