April 24 2019 11:20am

Bank of Canada says growth expected to pick back up in latter 2019

The economy should pick up its pace in the second quarter on expectations of stronger housing activity, consumer spending, exports and business investment, the bank said. It expects the economy to build momentum through 2019 before returning to above-potential growth of 2.1 per cent in 2020 and two per cent in 2021.

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