Favourable economic trends are continuing in the advanced economies
Bad weather and inventory adjustments cause Scotia to lower GDP forecasts
Stronger growth in advanced economies likely to be associated with pain in some emerging markets
Asian giant’s growth outlook will impact commodities markets, resource companies’ earnings, and the prospects for rebounding growth in Canada
Non-energy exports remain low; house prices still overvalued
Outlook for a stronger U.S. economy still suggests Canada is set for growth
Brighter view for advanced economies; Canada poised for 2.2% growth in 2014
Unemployment is also expected to continue to improve, falling to 6.7%
Companies remain concerned about weak demand
The loonie is forecast to weaken in the first half of the year before recovering