The Canadian economy grew 1.1% in 2017's second quarter after a 0.9% jump in Q1, Statistics Canada announced August 31, adding up to a cumulative increase of 2% in the first half of the year.
The Canadian dollar surged more than 1 per cent against its US counterpart on Thursday after data showing the strongest economic growth rate in almost six years, boosting chances of another interest rate hike from the Bank of Canada. That was its first rate hike in seven years.
Zandi is forecasting that growth in 2018 will be an even stronger 2.8 percent.
President Donald Trump has promised to grow the GDP to 3% and higher, but economists have doubted this could actually happen due to an "ageing [sic] population and poor productivity growth".
That's an annualized rate of expansion of 4.5 per cent, the highest the figure has been since the third quarter of 2011. American consumers remain in the driver's seat in the current expansion, backed by a strong job market, contained inflation and low borrowing costs.
The rate surpassed analyst expectations, which called for an increase of 2.7 per cent.
This is the strongest two-quarter growth since 2002, in which there was a half-year increase of 2.1%. But earnings began to recover previous year as crude prices stabilized, and exporters are getting a boost because the dollar has weakened since early 2017. Activity expanded faster in the spring than initially expected, and the composition of GDP in the quarter bodes well for continued strength over the rest of the year.
A separate earnings measure produced by the Commerce Department, pretax profits with inventory valuation and capital consumption adjustments, rose 1.3% last quarter after falling 2.1% in the first three months of 2017, and was up 7% over the past year.
Adding to support for the loonie, USA crude oil prices rebounded after being pressured this week by Tropical Storm Harvey, which knocked out about a quarter of US refinery capacity.
The likelihood rises to more than 85% between now and the end of the year. The Bank of Canada had predicted second-quarter real GDP to expand by 3% in its latest forecast, released in July.
Jodi Taylor, chief financial officer at the Container Store Group Inc., said the retailer has seen solid growth in the higher-ticket portion of its business. The Feds found that "F$3 ixed nonresidential investment rose at a 6.9% pace last quarter, up from an initial estimate of 5.2%, including stronger spending on software".
Perez lost his life because he tried to make it happen, he tried to get at his post.that's the ultimate sacrifice", he said . At the news conference, Acevedo became choked up describing Perez as "one of the sweetest people I've ever met".
The reason the prize is so large is because there hasn't been a Powerball jackpot victor since June 10. Kurland said, "She's now one of the world's wealthiest people and she has to start acting like it".
Andrey Klimov, a senior Russian senator, said that the U.S. sanctions against Gefest-M and the others lack legitimacy. Among the six individuals, one was Chinese, four were Russian and one was North Korean.
The president framed the US tax code problem in terms of competitiveness. "I think Congress is going to make a comeback", he said. President Donald Trump will start his campaign to reform the nation's tax code Wednesday with a speech in Springfield, Mo.
The two were talking with third baseman Nicholas Castellanos when Verlander gestured emphatically toward Martinez and walked away. Tigers manager Brad Ausmus has been suspended for one game "for the intentional actions of Wilson while warnings were in place".
Chairman of the House Appropriations committee Tom Cole told Reuters a government shutdown was unlikely and implausible. The Treasury Department has said the debt ceiling must be lifted by September 29 to avoid a government default.
At Alamo Square Park and elsewhere in the city, counterprotesters, who had shown out in large numbers, rallied and rejoiced. However, protesters with an anarchist group arrived at the park wearing masks and hoods that covered their faces.
And people in the Boston area most certainly will be filling up the numerous Irish bars around the Hub to cheer for McGregor . But while McGregor , a long-odds underdog, has attracted most wagers, the majority of the money is on Mayweather .
Although both benches cleared and there was a lot of wrestling, the initial indication was that no one was seriously injured. Moments before the outburst, Yankees manager Joe Girardi had been tossed for arguing about Kahnle's ejection.
Mosquitoes in Redding test positive for West Nile virus
Those pesky mosquitoes that torment your summer mornings and evenings may be more of a concern than an itchy bite. Those who do usually experience mild symptoms, such as a fever, headache, muscle aches, rash and fatigue.
Dhaka delight as Bangladesh Tigers maul Australia
The opener scored 112 runs but didn't get any support from the middle-order as the second highest score came for Steve Smith (37). It's often said that the biggest weapon of an athlete in his mind and Bangladesh proved exactly that.
Halo: 343 Industries Working with VR / AR for Future Titles
Note that they include a number of developers who already have published virtual reality apps, or just apps for Windows. This includes the recently revealed Dell Visor , which is priced at $400 and can offer support for full motion control.
ISIS leaves Lebanon-Syria border
Coalition aircraft struck a small bridge and cratered a road to hinder the convoy's progress. Iran has been one of Assad's main backers since Syria's conflict began in March 2011.
Parties push for more progress as Brexit talks resume
The EU wants to settle Britain's so-called Brexit divorce bill before talks begin on the new trade relationship with the UK. The UK isn't taking Brexit very seriously , according to European Commission president Jean-Claude Juncker .
China says sanctions won't help as Trump targets Venezuela
Maduro says the USA is seeking to stifle oil exports through sanctions and a "naval blockade" on the Latin American country. The new sanctions would also put more sway on the view that Venezuela is under military threat by President Trump.
President Trump is dividing the country
He also gets a negative 59% rating on his overall job approval - down from a 57% approval rating on August 17th. Lee, has been a move by cities and institutions across the country to remove or relocate Confederate monuments.
GCSE results: Record grades for Education Links
These achievements also reflect the dedication of our teachers and the quality of the support provided by our staff. Stellar results continued as a school best of 71 per cent A* to B and 91% A* to C grades were achieved.