Posted AT 11:49 AM EST on 26/04/07
U.S. slowdown cutting deeply into Canadian exports
Toronto — The slowdown in the United States is dragging on longer than expected, cutting deeply into Canada's exports, the Bank of Canada said Thursday in its semi-annual outlook.
But at the same time, inflation is heating up in Canada, driven by food and energy prices, and capacity restraints in services, the bank says.
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