Agence France-PresseNovember 27, 2013 11:16
Canada's economy will strengthen in 2014 after lower than expected growth so far this year, the International Monetary Fund said Wednesday.
But it largely depends on the strength of the economic recovery in the United States -- Canada's largest trading partner -- and the construction of new pipelines to alleviate oil export bottlenecks.
GDP growth of 1.6 percent is expected next year, accelerating to 2.25 percent in 2014, according to the IMF's forecast.
So far this year, exports and business investment growth have "disappointed," the IMF said in a report.