Export Development Canada and National Outlook

national rate of growth: It coming up roses for Ontario at the moment, according to The Toronto Star. The national rate of growth might be down in the 2 per cent level. The province is expected to see 7 per cent higher exports this year even as the national outlook fell on continuing weakness in Canada energy industry, Export Development Canada said in its twice-yearly forecast. But Ontario can brag about being on top of the heap at 7 per cent, EDC chief economist Peter Hall said in a telephone interview.EDC lowered it export growth forecast for Canada to 2 per cent this year. The crown corporation lowered its national outlook after the price of crude oil remained lower for longer. That down from a 7 per cent prediction last fall. (news.financializer.com). As reported in the news.