The organization predicts worldwide trade will plummet 11% this year and then grow 8.4% in 2021
The organization sees world economic growth accelerating over the next two years
Growing conflicts could lead to weakest growth since 2008
Initiative to improve oversight of the financial sector through data collection was launched in 2009
Fund predicts 2.6% growth in U.S., 1.5% in Canada
New report looks at the country's economic risks
The world's two biggest economies have slapped tariffs on $350 billion worth of each other's products
Meanwhile, Deloitte predicted "weak" 1.3% growth for Canada this year
For Canada, the IMF's estimate for growth in 2019 was 1.9%, down from an October forecast for 2% growth
The federal government should consider whether to adopt incremental changes or to embrace more radical options