BOC Macklem: If population grows slows more than assumed, headline GDP will be lower ...Middle East

Having returned to low inflation, Canada is in a better place to deal with new economic shocksThere's a fair amount of uncertainty on how quickly Canada's new immigration curbs kick in, BOC will be watchingEffect of changes in assumptions about population growth will have a bigger impact on our GDP forecast that our inflation forecastIf population growth slows faster than assumed, headline GDP will be lower than assumedThe Canadian government announced 20% lower immigration targets yesterday. This article was written by Adam Button at www.forexlive.com.

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