Morneau expects economic positivity to continue despite weak trade numbers
TORONTO — Finance Minister Bill Morneau expects Canada’s “positive economic situation” to continue for the coming quarters even as the country’s latest export figures exhibit signs of weakness.
The minister met with private sector economists in Toronto on Thursday morning ahead of his fall economic update, which Morneau said would be released in the coming weeks.
He said the “consensus” among the 10 economists in the room was the “economic situation we find ourselves in is better than we might have expected just not that long ago.”
“My sense is we will continue to have a positive economic situation in the coming quarters, and obviously the longer term,” Morneau said.