Canada's economic outlook
The deterioration in economic and financial conditions in the United States will have direct consequences for the Canadian economy, said Mark Carney, the governor of the Bank of Canada, at a press conference following the release of April's monetary policy report.
The central bank projects a decline in exports and worsening of the cost and availability of credit. However, it expects domestic demand, supported by firm commodity prices, high employment and monetary policy easing, to remain strong
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