• News Desk

TD SEES 'BARN-BURNER' ECONOMIC GROWTH IN Q3


The Canadian economy is set for a 'barn-burner' third quarter, economists at TD Bank say, but they also caution that trend won't continue for long.Following a second-quarter contraction of 1.6 per cent due to weak exports, slow consumer spending and the effects of the Fort McMurray wildfire, TD said manufacturing activity picked up, oilsands output rebounded, and exports grew in July.

TD said growth for the June-September period is set to grow at a pace of about three per cent.

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#Canada #McMurry

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