Canada’s economy is expected to grow at a slower pace in the fourth quarter (Q4), restrained by residential investment and disappointing trade figures, with lower oil prices beginning to affect the economy. Real GDP in Canada is forecast to rise 2% over the past year in Q4, after an advance of 2.8% in the previous quarter, according to analysts’ consensus. The market estimate is significantly below the Bank of Canada’s (BoC) projection of 2.5% growth for the quarter, which can put additional strain on the Canadian dollar ahead of the release. Meanwhile, December’s month-on-month GDP data likely climbed 0.2%, after a ... (full story)