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Canada’s economy faces risks behind upbeat growth headlines
Economists Jason Clemens and Niels Veldhuis of the Fraser Institute argue that strong quarterly growth hides long term weakness. They note a 1.1 percent three month expansion and skewed annualized projections while private investment falls, taxes rise, and regulatory burdens rise, signaling a less favorable outlook for Canada.
MENTIONED IN THIS ARTICLE
Canada
Globe and Mail
The
National Post
Globe and Post
Statistics Canada
Troy
Jason Clemens
Niels Veldhuis
Fraser Institute