Slower growth in 2018/2019

Fitch maintains it's AAA rating on Canada and says the outlook is stable.

They add that:

  • Energy sector investment has bottomed out and there are signs of recovery in other types of business investment
  • Rating draws from support from Canada's well diversified and high income economy,political stability, strong governance, institutional strength
  • They see 2017 GDP growth at 2.5%
  • Sees growth decelerating to 1.6% by 2019