01:21:17 EDT Thu 25 Apr 2024
Enter Symbol
or Name
USA
CA



Bank of Nova Scotia
Symbol BNS
Shares Issued 1,205,377,799
Close 2016-10-21 C$ 71.25
Market Cap C$ 85,883,168,179
Recent Sedar Documents

Globe says TD, rivals hear growth will pick up in 2017

2016-10-24 06:55 ET - In the News

See In the News (C-TD) Toronto-Dominion Bank

The Globe and Mail reports in its Saturday, Oct. 22, edition that Canadian economic growth will pick up a bit next year, helped by federal fiscal stimulus, but subdued United States demand and weak oil prices are expected to limit gains, a Reuters poll found. A Reuters dispatch to The Globe reports that Canada is running a budget deficit of $29.4-billion this fiscal year to help fund increased infrastructure and social welfare spending, making it one of few major economies using fiscal policy to try to spur growth. Still, the survey of nearly 40 analysts forecast the economy will expand just 2.1 per cent next year, in-line with the International Monetary Fund's estimate, but lower than the Bank of Canada's 2.2 per cent projection. The economy will expand 1.3 per cent in 2016, the poll forecast, similar to the central bank's estimate, but lower than the 1.7 per cent median consensus in a poll three months ago.

© 2024 Canjex Publishing Ltd. All rights reserved.