logo
welcome
financialpost

financialpost

RBC chief economist Frances Donald says slower growth the 'new normal' over next few years

financialpost
Summary
Nutrition label

76% Informative

RBC chief economist Frances Donald gives her outlook for the year , including whether Canada is entering a recession.

Donald : We should accept slower economic growth as somewhat of the new normal for the next few years .

Donald says tariffs will be hard on Canada and hard on the United States , and they're more likely to push down growth than increase it.

The loonie dipped below 70 cents U.S. in December due to tariff threats.

Economists worry about folks not being able to pay their mortgages for two reasons.

Canada ’s economy is weakening, and we tend to self-flagellate because the U.S. economy is so strong.

But there are also global shocks that are impacting Canadians and Europeans and Asians as well.

VR Score

84

Informative language

85

Neutral language

67

Article tone

informal

Language

English

Language complexity

40

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

8

https://www.tumblr.com/widgets/share/tool?canonicalUrl=https://financialpost.com/news/economy/rbc-economist-slower-growth-new-normal&title=RBC%20chief%20economist%20Frances%20Donald%20says%20slower%20growth%20the%20%27new%20normal%27%20over%20next%20few%20yearshttps://twitter.com/intent/tweet?url= https%3A//financialpost.com/news/economy/rbc-economist-slower-growth-new-normal&text=RBC%20chief%20economist%20Frances%20Donald%20says%20slower%20growth%20the%20%27new%20normal%27%20over%20next%20few%20years&via=https://www.reddit.com/submit?kind=link&url=https%3A//financialpost.com/news/economy/rbc-economist-slower-growth-new-normal&title=RBC%20chief%20economist%20Frances%20Donald%20says%20slower%20growth%20the%20%27new%20normal%27%20over%20next%20few%20yearshttps://pinterest.com/pin/create/button/?url=https://financialpost.com/news/economy/rbc-economist-slower-growth-new-normal&media=https://smartcdn.gprod.postmedia.digital/financialpost/wp-content/uploads/2024/12/0106-mg-frances.jpghttps://twitter.com/intent/tweet?url=https%3A//financialpost.com/news/economy/rbc-economist-slower-growth-new-normal&text=RBC%20chief%20economist%20Frances%20Donald%20says%20slower%20growth%20the%20%27new%20normal%27%20over%20next%20few%20years&via=https://www.linkedin.com/sharing/share-offsite/?url= https%3A//financialpost.com/news/economy/rbc-economist-slower-growth-new-normalhttps://www.linkedin.com/sharing/share-offsite/?url=https://financialpost.com/news/economy/rbc-economist-slower-growth-new-normalhttps://www.reddit.com/submit?kind=link&url=https%3A//financialpost.com/news/economy/rbc-economist-slower-growth-new-normal&title=