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Forecasts Show Growth Amid Canadians' Economic Pessimism

1/21/2025

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Summary

Story summary

BMO Capital Markets forecasts global economic growth this year amid widespread pessimism.
An online poll reveals 48% expect economic decline, while only 19% foresee improvement.
44% of Canadians report spending an additional $100-$300 monthly; 38% exceed $300.
61% express concerns over high inflation and rising prices.
Last year was viewed as "generally positive" for Canadian investors.

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Story summary

BMO Capital Markets forecasts global economic growth this year amid widespread pessimism.
An online poll reveals 48% expect economic decline, while only 19% foresee improvement.
44% of Canadians report spending an additional $100-$300 monthly; 38% exceed $300.
61% express concerns over high inflation and rising prices.
Last year was viewed as "generally positive" for Canadian investors.