Consensus On Canadian GDP

The Financial Post reports:

Economists in a Bloomberg survey now see Canada’s economy expanding just 0.7% this year after shrinking in the first quarter.

Here’s a picture of the forecasted deceleration:

Figure 1: Canadian GDP (blue), Bloomberg consensus (red square), prior Bloomberg consensus (light red square), all in mn.Ch.2017C$, SAAR. Source: CanStats, FP, author’s calculations.