Canada could lead developed world in growth: RBC
Canada could enjoy a "breakaway decade" of economic growth if businesses invest more to improve productivity, Gordon Nixon, the head of the RBC said. Nixon added that Canada has the potential to significantly outperform the developed world in terms of economic growth and social leadership. "Canada’s economy has been resilient, the housing market is up, past federal surpluses have provided flexibility, the banking system is stable and corporate tax rates are low," he said.
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