Trade Threats and Justin Tang

bank: Justin Tang / THE CANADIAN PRESS file photo That has economists predicting second-quarter growth of more than 3 per cent and talking about the possibility of a second-straight rate increase from the Bank of Canada, according to The Toronto Star. Another move from the central bank next month was considered a long shot until now, as trade threats continue to cloud Prime Minister Justin Trudeau's economic agenda. Economists are predicting second-quarter growth of more than 3 per cent and talking about the possibility of a second-straight rate increase from the Bank of Canada. Read more IMF expects Canadian economy to slow in face of greater external risks Article Continued Below Canadian economy adds 31,800 jobs in June, but unemployment rate rises to 6 per cent Canadian factory sales rebound with stronger-than-expected gain It's a fantastically good week for Canada on the economic side, Jean-Francois Perrault, chief economist at Bank of Nova Scotia, said by phone. Poloz raised rates at the central bank's July meeting, the fourth move in a year, and said further increases could be needed with the economy operating near capacity. Scotiabank became the first major Canadian commercial lender to predict a September rate increase this week, with the other four big banks still calling for Governor Stephen Poloz to hold fire until October. (news.financializer.com). As reported in the news.